Romania [electronic resource] : 2004 Article IV Consultation and Request for Stand-By Arrangement—Staff Report; Staff Statement; Public Information Notice and Press Release on the Executive Board Discussion; and Statement by the Executive Director for Romania.

International Monetary Fund
Washington, D.C. : International Monetary Fund, 2004.
IMF eLibrary
IMF Staff Country Reports; Country Report No. 04/221.
IMF Staff Country Reports; Country Report No. 04/221
Government document
1 online resource (114 p.)
Local subjects:
Amortization. (search)
Amortization payments. (search)
Amount of debt. (search)
Announcements. (search)
Article IV consultations. (search)
Balance of payments. (search)
Bilateral creditors. (search)
Budget balance. (search)
Central bank. (search)
Collateral. (search)
Conditionality. (search)
Confidentiality. (search)
Counterpart. (search)
Counterpart funds. (search)
Credit. (search)
Currency debt. (search)
Currency risk. (search)
Current account. (search)
Current account balance. (search)
Current account deficit. (search)
Current account deficits. (search)
Debt dynamics. (search)
Debt outstanding. (search)
Debt problems. (search)
Debt ratio. (search)
Debt service. (search)
Debt stock. (search)
Debt sustainability. (search)
Debt sustainability analysis. (search)
Debt-equity. (search)
Debtor country. (search)
Deficit financing. (search)
Domestic borrowing. (search)
Domestic currency. (search)
Domestic debt. (search)
Domestic financing. (search)
Domestic public debt. (search)
Domestic saving. (search)
External debt. (search)
External debt sustainability. (search)
External financing. (search)
External loans. (search)
External payments. (search)
External payments arrears. (search)
External public debt. (search)
Foreign currency debt. (search)
Foreign debt. (search)
Foreign loans. (search)
General resources account. (search)
Government deficit. (search)
Government loans. (search)
Imf purchases. (search)
Imf repurchases. (search)
Long term debt. (search)
Long-term debt. (search)
Long-term loans. (search)
Official creditors. (search)
Payment system. (search)
Payments. (search)
Penalties. (search)
Pools. (search)
Prices. (search)
Pricing. (search)
Private debtors. (search)
Private sector borrowing. (search)
Private sector creditors. (search)
Protocols. (search)
Psbr. (search)
Public and publicly guaranteed. (search)
Public and publicly guaranteed debt. (search)
Public debt. (search)
Public finance. (search)
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Public sector debt. (search)
Purchases. (search)
Refinancing. (search)
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Repo. (search)
Repurchases. (search)
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Rtgs. (search)
Shareholders. (search)
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Short-term debt. (search)
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Staff Reports. (search)
Stand-by arrangement requests. (search)
Terms of trade. (search)
Total external debt. (search)
Romania. (search)
Romania’s 2004 Article IV Consultation and Request for Stand-By Arrangement (SBA) are discussed. The authorities have requested a new precautionary 24-month SBA to secure macroeconomic stabilization and keep European Union accession on track. Romania has preserved competitiveness, despite the slowdown in depreciation and recently strong domestic demand. Exports remained the strongest component of aggregate demand and Romania continued to increase market share in its main trading partners. An exchange-rate-based monetary policy has been successful in accomplishing disinflation but has faced challenges in containing credit growth.
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