The IMF has announced the conclusion of a visit to Romania including the following suggested tax policy reforms to restore the soundness of government finances. --- Policy Priorities Effective fiscal consolidation is needed to restore the soundness of government finances. Fiscal deficits—projected at 6 percent or more—will need to fall below 3 percent of GDP over the medium term to stabilize public debt, secure affordable market financing, and support ongoing disbursement of EU funds. Last year's fiscal package was a step in the right direction, but more is needed. While efforts to contain non-pension spending and improve government and tax...