{
  "title": "Romania: Request for Stand-By Arrangement: Staff Report; Staff Supplements; and Press Release on the Executive Board Discussion",
  "publication": "IMF Staff Country Reports, June 10, 2009",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012",
  "overlayPath": "/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/index.md",
  "summary": "Romania’s GDP growth averaged more than 6½ percent per year from 2003 to 2008, as foreign direct investment and capital inflows helped finance high consumption and investment growth. The staff report for Romania’s request for a Stand-By Arrangement is also elaborated.",
  "sections": [
    {
      "heading": "Macroeconomic performance and vulnerabilities",
      "content": "- Romania’s GDP growth averaged more than 6½ percent per year from 2003 to 2008.\n- Growth was supported by foreign direct investment and capital inflows that financed high consumption and investment growth.\n- Robust export growth to EU countries reflected increasing economic integration with western European economies.\n- The rapid increase in borrowing that fueled the boom left Romania highly exposed to global financial difficulties and to exchange rate volatility."
    },
    {
      "heading": "Purpose and content of the publication",
      "content": "- Staff report for Romania’s request for a Stand-By Arrangement is elaborated in the publication.\n- Publication includes staff report, staff supplements, and the Press Release on the Executive Board Discussion."
    },
    {
      "heading": "Key subjects and keywords covered",
      "content": "- Subjects: Banking, Commercial banks, Credit, Debt service, Exchange rates, External debt, Financial institutions, Foreign exchange, Public debt.\n- Keywords: capital injection, Commercial banks, CR, Debt service, Eastern Europe, Exchange rates, financial support, financial support package, financing gap, Global, helping ease bank lending, interbank market rate, ISCR, lending, Romania.\n\n---\n\n Content in this bundle\n\n- cr09183\n  - cr09183 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr09183 (PDF){rel=\"external\" type=\"application/pdf\"}"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/bundle-manifest.json)",
    "Published: June 10, 2009",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451832914.002",
    "Romania’s GDP growth averaged more than 6½ percent per year from 2003 to 2008.",
    "Growth was supported by foreign direct investment and capital inflows that financed high consumption and investment growth.",
    "Robust export growth to EU countries reflected increasing economic integration with western European economies.",
    "The rapid increase in borrowing that fueled the boom left Romania highly exposed to global financial difficulties and to exchange rate volatility.",
    "Staff report for Romania’s request for a Stand-By Arrangement is elaborated in the publication.",
    "Publication includes staff report, staff supplements, and the Press Release on the Executive Board Discussion.",
    "Subjects: Banking, Commercial banks, Credit, Debt service, Exchange rates, External debt, Financial institutions, Foreign exchange, Public debt.",
    "Keywords: capital injection, Commercial banks, CR, Debt service, Eastern Europe, Exchange rates, financial support, financial support package, financing gap, Global, helping ease bank lending, interbank market rate, ISCR, lending, Romania.",
    "**_cr09183**"
  ],
  "related": [
    {
      "title": "_cr09183",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09183.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09183.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2009/_cr09183.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/index.md",
    "json": "/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/31/romania-request-for-stand-by-arrangement-staff-report-staff-supplements-and-press-release-on-23012/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-13T11:01:36.171Z"
}