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Projected % Change
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2009
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2010
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Real GDP
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-8.5
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0.5
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Consumer Prices
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5.5
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3.6
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Source: World Economic Outlook (October 2009)
Please refer to more recent PIN/Staff reports on this country for possible revisions.
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Romania: Financial Position in the Fund
International Reserves
Transactions with the Fund
IMF Resident Representative
Office in Romania
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Romania and the IMF
Updated November 18, 2009
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The last Article IV Executive Board Consultation was on May 23, 2007. Romania is a subscriber to the Special Data Dissemination Standard. Listed below are items related to Romania, in reverse chronological order (you can also view items by category).
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| November 18, 2009 --  Press Release: Parent Banks Reaffirm Commitment to Romania, European Commission and IMF Say
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| November 06, 2009 -- Press Release: Statement by the IMF Mission in Romania
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| October 28, 2009 -- IMF Survey: Agreement with Banks Limits Crisis in Emerging Europe
In an interview, Erik Berglöf (European Bank for Reconstruction and Development) and Anne-Marie Gulde (IMF) discuss the impact of the European Bank Coordination Initiative, which has played a key role in helping emerging Europe avert systemic crisis.
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| October 08, 2009 -- Romania: First Review Under the Stand-By Arrangement, Request for Waiver of Nonobservance of Performance Criterion, and Request for Modification and Establishment of Performance Criteria; Statement by the IMF Staff Representative; and Press Release on the Executive Board Discussion;
Series: Country Report No. 09/301
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| October 04, 2009 -- IMFC Statement by Wouter Bos, Dutch Ministry of Finance, the Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 295Kb
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| September 21, 2009 -- Press Release: IMF Completes First Review Under Stand-By Arrangement with Romania and Approves €1.85 Billion Disbursement
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| September 08, 2009 -- Romania -- Letter of Intent and Technical Memorandum of Understanding, September 08, 2009
PDF File Size: 458Kb
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| June 10, 2009 -- Romania: Request for Stand-By Arrangement - Staff Report; Staff Supplements; and Press Release on the Executive Board Discussion
Series: Country Report No. 09/183
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| May 20, 2009 -- Press Release: Joint IMF, EC Press Release on the European Banking Group Coordination Meeting for Romania
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| May 04, 2009 -- Press Release: IMF Executive Board Approves €12.9 Billion Stand-By Arrangement for Romania
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| May 04, 2009 -- IMF Survey: Romania Receives Support from IMF to Counter Crisis
After several years of strong growth, Romania was hit hard last year by the global economic downturn and approached the IMF for a loan. IMF mission chief Jeffrey Franks talks about Romania’s economic challenges and the goals of its IMF-supported program.
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| April 25, 2009 -- IMFC Statement by Nout Wellink, President, Dutch Central Bank, Netherlands
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Republic of Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 307Kb
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| April 24, 2009 -- Romania -- Letter of Intent and Technical Memorandum of Understanding, April 24, 2009
PDF File Size: 333Kb
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| March 26, 2009 -- Financial Sector Coordination Meeting on Romania, Concluding Statement by Participating Banks
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| March 25, 2009 -- Press Release: IMF Announces Staff-Level Agreement with Romania on €12.95 Billion Loan as Part of Coordinated Financial Support
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| March 25, 2009 -- IMF Survey: IMF Outlines Plan to Lend $17.5 Billion to Romania
The IMF announces plans to lend about $17.5 billion to Romania to help the country cushion the effects of a sharp drop in private capital inflows. The loan program would include measures to address external and fiscal imbalances and to strengthen the financial sector.
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| March 09, 2009 -- Press Release: Statement by the IMF Resident Representative in Romania
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| February 04, 2009 -- Press Release: Statement by the IMF Mission to Romania
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| January 30, 2009 -- Transcript of a Press Briefing by David Hawley, Senior Advisor, External Relations Department, IMF
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| October 11, 2008 -- IMFC Statement by Wouter Bos
On behalf of: Republic of Armenia, Bulgaria, Bosnia and Herzegovina, Cyprus, Georgia, Republic of Croatia, Israel, Republic of Moldova, former Yugoslav Republic of Macedonia, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 321Kb
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