Feb. 04 -- BUCHAREST -- The 5 percent cut in the social security (CAS) for employers will be examined by the Bucharest authorities and the representatives of the International Monetary Fund (IMF) and the talks on this subject will be resumed in summer, depending on the evolution of the budget revenues, chief of the IMF mission to Romania Andrea Schaechter told a news conference at the end of her visit to Bucharest on Tuesday. According to her, Romania has a very heavy fiscal burden. The aim of the Government is to give incentives in order to stimulate the creation of new jobs and the cut in CAS might contribute to the achievement of this aim, said Andrea Schaechter . But she says that they need such an examination so that the measure should be neutral from the budget point of view and should have no long-term impact on pensions. ___ (c)2014 Agerpres, Bucharest, Romania Visit Agerpres, Bucharest, Romania at www1.agerpres.ro/english Distributed by MCT Information Services
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