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Article IV Staff Reports

Financial Sector Assessment Program

Projected % Change
   2014  2015
Real GDP 2.4 2.5
Consumer Prices 1.5 2.9
Source: World Economic Outlook (October 2014)
Please refer to more recent PIN/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 October 11, 2014

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IMF Survey Online
July 19, 2013 -- IMF Survey : Integration Offers Path to Prosperity in Eastern Europe, Says Lagarde
The countries of Eastern Europe can build strong, dynamic economies by pursuing closer economic ties with each other and with the rest of Europe, IMF Managing Director Christine Lagarde said during a July 15-18 trip to Romania and Lithuania.
April 15, 2011 -- IMF Survey: IMF Support Helping Restore Growth but Key Risks Ahead
A new study finds that countries which sought financial support from the IMF in late 2008, after the failure of Lehman Brothers, are experiencing a return to growth. IMF financing helped countries stabilize their economies when their access to financial markets was seriously curtailed.
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.
May 11, 2010 -- IMF Survey: Romania: Delayed Recovery Now Expected
IMF Romania mission chief Jeffrey Franks discusses the impact of Greece’s debt crisis on Romania’s economy and its banking sector, the new austerity measures announced by the government, and needed steps to improve competitiveness. Recent European financial turmoil has heightened risks, Franks says.
March 31, 2010 -- IMF Survey: More Integration and Cooperation Is Way Forward for Europe, IMF Chief Says
The benefits of European integration are beyond doubt in terms of the democracy, prosperity, and increases in living standards that it has delivered for ordinary people, IMF Managing Director told Romania's parliament on March 30 on the final leg of his European trip.
March 26, 2010 -- IMF Survey: Difficult Choices Ahead for Europe's Policymakers
The IMF's Managing Director Dominique Strauss-Kahn returns to Europe this week to visit Poland and Romania, as the world economy emerges from the crisis and the European Union is faced with a host of new challenges.
December 28, 2009 -- IMF Survey: Multi-Speed Recovery Seen for Europe
As 2009 draws to a close, IMF European Department Director Marek Belka says that what is striking about Europe is how differently countries fared during the global crisis. These different points of departure will also make for a multi-speed recovery, Belka argues.
December 04, 2009 -- IMF Survey: Reforms Should Follow Stabilization in EU's New Members
European Union countries in central and eastern Europe worst hit by the global financial crisis have successfully stabilized their economies and now should focus on reforms to put them back on the road to convergence with other EU members.
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.
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.
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.