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The Reimbursable Advisory Services (RAS) program on the Establishment of a framework for the use of derivatives and the execution of swap transactions in Romania is intended to support the Ministry of Public Finance (MoPF)’s efforts in designing suitable policies and operational frameworks for using hedging instruments as part of the MoPF’s public debt management strategy. The MoPF and the World Bank Group (WBG) entered into a RAS agreement on September...
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