Romania : Fifth Review Under the Stand-By Arrangement: Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Romania.

Author/Editor:

International Monetary Fund

Publication Date:

July 2, 2012

Electronic Access:

Free Full Text (PDF file size is 1920 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Growth in Romania is likely to moderate in 2012, weighed down by the euro area slowdown. The Fifth Review Under the Stand-By Arrangement highlights that Romania’s overall track record under the program continues to be strong. All performance criteria for the fifth program review were met, except for accumulation of central government arrears, which was missed by a small margin. The indicative target on local government arrears accumulation was also missed. Progress was made on the large and difficult structural agenda, although more action is needed.

Series:

Country Report No. 12/157

Subject:

English

Publication Date:

July 2, 2012

ISBN/ISSN:

9781475505023/1934-7685

Stock No:

1ROUEA2012004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

94

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