Romania : 2019 Article IV Consultation-Press Release; Staff Report; Staff Supplement; and Statement by the Executive Director for Romania

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

August 30, 2019

Electronic Access:

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Summary:

Economic growth has remained strong, raising people’s incomes towards those in advanced EU countries. However, macroeconomic imbalances have become increasingly evident: the current account and fiscal deficits have been widening and inflation pressures are building. Economic growth is expected to stay above potential in 2019 on the back of continued fiscal stimulus, but slow down over the medium term due to faltering investment and reforms. The growing imbalances are eroding policy room for maneuver and increasing the risk that the convergence with EU could suffer a setback, triggered by domestic policy excesses or swings in global investor sentiment.

Series:

Country Report No. 19/278

Subject:

English

Publication Date:

August 30, 2019

ISBN/ISSN:

9781513512341/1934-7685

Stock No:

1ROMEA2019001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

81

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