Executive Board
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Board Discussions
on Romania:

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March 25, 2015
March 26, 2014
September 27, 2013
June 26, 2013
September 28, 2012

Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2015  2016
Real GDP 2.7 2.9
Consumer Prices 1 2.4
Source: World Economic Outlook (April 2015)
Please refer to more recent Press Release/Staff reports on this country for possible revisions.

Romania: Financial Position in the Fund

Transactions with the Fund


IMF Resident Representative
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Romania and the IMF
Updated April 18, 2015

The last Article IV Executive Board Consultation was on March 25, 2015. Listed below are items related to Romania, in reverse chronological order (you can also view items by category).

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March 25, 2011 -- Press Release: IMF Executive Board Approves New €3.5 Billion Precautionary Stand-By Arrangement for Romania, Completes Seventh and Final Review Under the Current Stand-By Arrangement and Approves €1 Billion Disbursement
March 25, 2011 -- IMF Survey: Romania Poised For Growth
The IMF’s Executive Board approved March 25 the final review of Romania’s IMF-supported program, and agreed to the country’s request for a new €3.6 billion Stand-By Arrangement, which will be precautionary in nature. As was the case with the expiring program, this new program will be supplemented by funds from the European Union (EU) and the World Bank.
March 18, 2011 -- Press Release: European Commission and IMF Welcome the Continued Support by the Parent Banks of the Largest Foreign-Owned Banks for Romania
March 10, 2011 -- Romania -- Letter of Intent, and Technical Memorandum of Understanding, March 10, 2011
PDF File Size: 571Kb
February 08, 2011 -- Press Release: IMF Announces Staff Level Agreement with Romania on New €3.6 billion Precautionary Stand-By Arrangement and on the Seventh and Final Review of the Current Stand-By Arrangement
January 20, 2011 -- Romania : Sixth 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 and the Senior Advisor to the Executive Director for Romania
Series: Country Report No. 11/20
January 11, 2011 -- Romania : Sixth 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 and the Senior Advisor to the Executive Director for Romania
Series: Country Report No. 11/14
January 07, 2011 -- Press Release: IMF Completes Sixth Review Under Stand-By Arrangement with Romania and Approves €904.8 Million Disbursement
December 22, 2010 -- Romania -- Letter of Intent, and Technical Memorandum of Understanding, December 22, 2010
PDF File Size: 554Kb
November 01, 2010 -- Press Release: Statement by IMF Mission Chief for Romania
October 09, 2010 -- IMFC Statement by Jan Kees de Jager, Minister of Finance, Ministry of Finance, 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, Montenegro, Kingdom of the Netherlands-Netherlands, Romania, Ukraine. PDF File Size: 305Kb
September 30, 2010 -- 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
Series: Country Report No. 10/301
September 24, 2010 -- Press Release: IMF Completes Fifth Review Under Stand-By Arrangement with Romania and Approves €884.0 Million Disbursement
September 09, 2010 -- Romania -- Letter of Intent, and Technical Memorandum of Understanding, September 09, 2010
PDF File Size: 422Kb
August 04, 2010 -- Press Release: Statement by IMF Mission Chief for Romania
July 23, 2010 -- Public Information Notice: IMF Executive Board Concludes 2010 Article IV Consultation and Fourth Review of the Stand-By Agreement with Romania
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment.
July 23, 2010 -- Romania - Staff Report for the 2010 Article IV Consultation, Fourth Review Under the Stand-By Arrangement, and Requests for Modification and Waiver of Nonobservance of Performance Criteria—Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; Statement by the Executive Director for Romania.
Series: Country Report No. 10/227
July 22, 2010 -- Press Release: Joint Press Release by the European Commission and the International Monetary Fund on the European Banking Coordination Initiative Meeting for Romania
July 02, 2010 -- Press Release: IMF Completes Fourth Review Under Stand-By Arrangement with Romania and Approves US$1.146 Billion Disbursement
June 25, 2010 -- Press Release: Statement by IMF Mission Chief for Romania on the Ruling of the Constitutional Court

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