Foreign investors in Romania urge Gov’t to maintain a stable fiscal framework, ask for predictability and transparency

The most recent results of the FIC Business Sentiment Index (carried out in September 2018) brings some important insights on both workforce and fiscal related topics. “Still there is a continued dichotomy between FIC members expecting higher revenues and business growth in the short-term but being concerned about the lack of infrastructure and stability of the regulatory framework. FIC maintains its position that, in due time, the lack of predictability and of investments will reduce the economy’s competitiveness and long-term growth potential,” the index shows, according to RomaniaJournal.ro.

According to the report, for the first time since FIC has been compiling this sentiment index (2015), a majority of respondents said that Romania is no longer competitive in terms of the availability of adequate workforce. “Two years ago, only a quarter of respondents faced problems on the labour market. Every six months, when publishing the results of the Business Sentiment Index, FIC has warned that this indicator is deteriorating at an alarming rate. We now have clear signs which corroborates with other public data and evidence that this is the new reality,” FIC press release says.

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