Bucharest
Romania Resident Representative Site
Resident Representative Office in Romania
This web page presents information about the work of the IMF in Romania, including the activities of the IMF Resident Representative Office. Additional information can be found on the Romania and IMF country page, including IMF reports and Executive Board documents that deal with Romania.
At a Glance : Romania's Relations with the IMF
- Current IMF membership: 188 countries
- Romania joined in December 15, 1972
- Quota: SDR 1,030.20 million
- The last Article IV Executive Board Consultation was on July 23, 2010. (Country Report 10/227)
- The Fund has had a resident representative in Bucharest since 1991.
News — Highlights
Statement by the WB, EC, and the IMF
Review of Romania’s Economic Program
Joint Press Release of the IMF and EC Missions in Romania 
Mission Dates for the Fifth Review of Romania’s Stand-by Arrangement
Press Notice: Update on the visit of Messrs. Jeffrey Franks (IMF Mission Chief for Romania) and István Székely (EC Country Director) to Bucharest
Press Notice: Visit of Messrs. Jeffrey Franks (IMF Mission Chief for Romania) and István Székely (EC Country Director) to Bucharest
Romania and the IMF
Press Release: Statement by the WB, EC, and the IMF on the Review of Romania’s Economic Program
Transcript of a Press Briefing by Gerry Rice, Director, External Relations Department, International Monetary Fund
Romania: Fourth Review Under the Stand-By Arrangement and Request for Modification of Performance Criteria - Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Romania.
April 2, 2012
Series: Country Report No. 12/73 
Romania: Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement
March 27, 2012
Series: Country Report No. 12/64 
Public Information Notice: IMF Executive Board Discusses the Ex Post Evaluation of Exceptional Access Under the 2009 Stand-By Arrangement for Romania
March 27, 2012
Each Public Information Notice contains a background section, a table of selected economic indicators, and an Executive Board assessment. 
Regional Economic Outlook: Europe
Following a strong showing in early 2011, the economies across Europe now face the prospect of a pronounced slowdown, as global growth has softened, risk aversion has risen, and strains in Europe’s sovereign debt and financial markets have deepened, according to the Regional Economic Outlook: Europe. Downside risks are significant, and a further deepening of the euro area crisis would affect not only advanced Europe, but also emerging Europe, given its tight economic and financial ties. The policy stance in advanced Europe will need to be adapted to reflect the weakening and tense outlook, financial systems strengthened further, and a consistent, cohesive, and cooperative approach to monetary union adopted by all euro area stakeholders. The cross-country experience in the past decade in Europe shows the difference that good policies can make in boosting growth, with some European countries having grown rapidly while others have stagnated. Escaping low-growth traps, through broad-based reforms that address macroeconomic imbalances and country-specific structural rigidities, is possible. 



