IMF asks Gov't to cap 2012 PNID spending

The International Monetary Fund (IMF) has asked the Romanian Government to cap spending under the country's PNDI National Infrastructure Development Programme, IMF official Jeffrey Franks said on Monday in Bucharest. He said that although PNDI-sponsored projects could provide investment that is very much needed in the countryside, the Romanian Government should strictly cap spending outside the Budget and concentrate investment efforts on EU-sponsored projects.PNDI spending next ...

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