IMF
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IMF delegation to tackle soaring trade deficit, surge in lending
The economic growth estimated for the first half of 2003 was 0.2% smaller than the 5% originally stipulated in this year's budget, said Finance minister Mihai Tanasescu. The underperformance...
IMF experts arrive in Romania to put a damper on credit growth
The trade deficit getting out of hand, worsened by massive imports financed by credits and the inflation inflammation, these are the biggest risks of the lending engines operating in full ge...
Govt and IMF need success story
Romania has the chance to successfully see the current agreement with the IMF through, Jeroen J.M. Kremers, executive director representing the group of countries including Romania in IMF's...
IMF: conduct reform, watch out for slippages
The development of the Romanian economy is still far from the stable growth image constantly presented by the authorities. Behind the macroeconomic statistical data lurks an unrestructured e...
IMF and EU experts dispatched to cross-examine Romania
Romania has come under scrutiny these days. Both the International Monetary Fund and the European Union have sent experts to Bucharest to compare the data reported by the authorities against...
US criticism for Romania in IMF meeting
The structural reform conducted by the Romanian authorities thus far was harshly criticised during International Monetary Fund's Managing Board meeting two weeks ago. Unofficial information...
IMF advises budget restraint
The 4.9% estimated growth makes Romania one of the fastest-growing countries in the entire SE Europe, yet high inflation underscores the need for budgetary restraint and structural reforms t...
Tanasescu expects another IMF tranche
Romania's Easter present from the IMF could be the fourth tranche of the stand-by loan, worth about $75 million. This, however, will not happen unless the Fund's Board, scheduled to meet on...
IMF wants Petrom privatisation started
The Romanian State has to announce openness to expressions of interest for Petrom's privatisation on the international market until September, as stipulated in the new supplementary economic...