Romania : Fifth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion, and Request for Modification and Establishment of Performance Criteria: Staff Report; Supplementary Information; Press Release on the Executive Board Discussion; Statement by the Executive Director for Romania

Author/Editor:

International Monetary Fund

Publication Date:

September 30, 2010

Electronic Access:

Free Full Text (PDF file size is 2641 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Economic growth finally turned positive, but further recovery will be delayed, as fiscal austerity measures and recent floods will weigh on domestic demand. The macroeconomic outlook has weakened and continues to be subject to exceptional uncertainties. With the enactment of the ambitious adjustment package, fiscal policies are on track to meet the targets. Structural reforms continue to be geared toward supporting the fiscal consolidation agenda, and remain on track. The authorities have initiated a new reform of social assistance programs.

Series:

Country Report No. 10/301

Subject:

English

Publication Date:

September 30, 2010

ISBN/ISSN:

9781455208654/1934-7685

Stock No:

1ROUEA2010004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

60

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