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Romania [electronic resource] : 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.

Author/Creator:
International Monetary Fund.
Publication:
Washington, D.C. : International Monetary Fund, 2012.
Format/Description:
Government document
Book
1 online resource (98 p.)
Series:
IMF eLibrary
IMF Staff Country Reports; Country Report No. 12/73.
IMF Staff Country Reports; Country Report No. 12/73
Status/Location:
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Local subjects:
Bank supervision. (search)
Banking sector. (search)
Economic growth. (search)
Economic indicators. (search)
Fiscal reforms. (search)
Government expenditures. (search)
Inflation targeting. (search)
Performance criteria modifications. (search)
Staff Reports. (search)
Romania. (search)
Summary:
This paper discusses Romania’s fourth review under the Stand-By Arrangement and request for modification of performance criteria. The authorities are treating the arrangement as precautionary. Additional funds under the program are provided by the European Union. The economy grew by 2.5 percent in 2011, driven by an exceptional agricultural harvest and strong industrial output growth. Domestic demand strengthened as construction and retail sales started to recover, fuelled by higher real disposable incomes.
Notes:
Description based on print version record.
Contributor:
International Monetary Fund.
Other format:
Print Version:
ISBN:
1475502796:
9781475502794
ISSN:
1934-7685
Publisher Number:
10.5089/9781475502794.002
Access Restriction:
Restricted for use by site license.