Romania: Staff Report for the 2006 Article IV Consultation
IMF Staff Country Reports, May 9, 2006
Source details
- Canonical URL
- Romania: Staff Report for the 2006 Article IV Consultation
Other formats
Bibliographic details
- Published: May 9, 2006
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9781451832853.002
Overview
- Macroeconomic results for Romania were not as strong in 2005 compared with 2004 on account of both internal and external factors.
- Mixed progress has been made on structural reforms: large-scale privatization has been successful, the liberalization of the electricity and gas markets has continued, and the national reference price for heating has increased.
Macroeconomic performance (2005)
- Growth slowed to 4.1 percent in 2005.
- Agricultural output fell as a result of floods.
- Industrial output growth slowed owing in part to the abolition of global textile quotas.
- Widening current account deficit is listed among subject themes of the report.
Structural reforms and market developments
- Large-scale privatization: assessed as successful.
- Energy sector: liberalization of the electricity and gas markets has continued.
- Prices: the national reference price for heating has increased.
- Labor and wage dynamics are themes addressed in the report (subject: Labor; keywords: Wage adjustments).
Key statistics and bibliographic identifiers (as reported on the page)
- Pages: 74
- Volume: 2006
- Issue: 168
- Series: Country Report No. 2006/168
- DOI: https://doi.org/10.5089/9781451832853.002
- Stock No: 1ROMEA2006001
- ISBN: 9781451832853
- ISSN: 1934-7685
- Publication date on page: May 9, 2006
Report subject areas and keywords (as listed)
- Subject: Credit, Exchange rates, External debt, Foreign exchange, Labor, Money, Public debt, Wage adjustments
- Keywords: CR, Credit, deficit, envisaged policy mix, Exchange rates, Global, government, headline policy interest rate, ISCR, macroeconomic objective, policy, policy mix, rate, Wage adjustments, widening current account deficit
International Monetary Fund. "Romania: Staff Report for the 2006 Article IV Consultation", IMF Staff Country Reports 2006, 168 (2006).