Finance Ministry to Present Fiscal & Developmental Measures in April

The Finance Ministry will present before April 15th, a draft bill envisaging fiscal and developmental measures aimed at ensuring fiscal stability this year, government officials told ANA. The issue was discussed during a cabinet meeting chaired by Prime Minister George Papandreou. Specifically, the draft bill will include measures to promote privatisations, a medium-term plan of fiscal consolidation and fiscal corrections needed for 2011.
According to government officials, the privatisation programme will specify the steps on an annual basis, with the government remaining steadfast in its position of holding a strategic participation in basic infrastructure. The officials said that the tabling a privatisation plan does not mean an ”automatic implementation” of the plan, but only on the right timing after recommendations made by privatisation consultants. The Premier called on Cabinet ministers to maintain a single ”front” on the issue and to avoid expressing different views.


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