Law No. 84 Of 21 May 1997

Original Language Title:  LEGE nr. 84 din 21 mai 1997

Read the untranslated law here: https://www.global-regulation.com/law/romania/3071015/-lege-nr.-84-din-21-mai-1997.html

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Law No. 84 of 21 May 1997 approving Government Emergency Ordinance nr. 4/1997 on empowering the Government to contract and to ensure, through the Ministry of finance, in the name and on behalf of the State, State loans by launching of bonds denominated in foreign currency on the foreign capital markets ISSUER PARLIAMENT Published in MONITORUL OFICIAL nr. 99 of 23 May 1997, the Romanian Parliament adopts this law.


The sole article approving Government Emergency Ordinance nr. 4/1997 on empowering the Government to contract and to ensure, through the Ministry of finance, in the name and on behalf of the State, State loans by launching of bonds denominated in foreign currency on the foreign capital markets, published in the Official Gazette of Romania, part I, no. 35 of 4 March 1997, with the following modifications: 1. the title of the Ordinance shall read as follows: "Emergency Ordinance concerning the Government's empowerment contracting and to ensure, through the Ministry of finance, in the name and on behalf of the State, State loans by launching of bonds in foreign currency capital markets" 2. Article 1 (1) shall read as follows: "the Government Shall authorize, through the Ministry of finance, its contract and to guarantee loans by launching the State of foreign bonds on foreign markets, in order to ensure the necessary currency resources of financing investments in the process of economic recovery, raw material supply base of strict importance, the State foreign exchange reserve growth financing and refinancing, the deficit of the State budget. "
3. Article 2 shall read as follows: "coordination of the action of the bond shows in foreign currency capital markets is carried out by the Ministry of finance."
This law was adopted by the Chamber of deputies at its meeting on 18 March 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. CHAMBER of DEPUTIES PRESIDENT ANDREW JOHN CHILIMAN this law was adopted by the Senate at its meeting on 5 May 1997, in compliance with the provisions of art. 74 para. (2) of the Constitution of Romania.
p. SENATE CRISTIAN DUMITRESCU-------------