IMF
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IMF not rushing BCR sale
The new deadline agreed upon by the Romanian authorities and the International Monetary Fund (IMF) for concluding the privatisation of the largest Romanian bank, Banca Comerciala Romana (Rom...
IMF: Better, but not enough. See you before Easter
Salary payments made by the state-run companies early in the year seem to have exceeded a level that can be economically justified; the poor financial discipline makes state-run loss-generat...
IMF wants another memorandum
The Nastase Cabinet is not going to break free of the stand-by agreement any time soon. Updated and extended until August 2003 due to repeated delays, the programme needs one more memorandum...
IMF pushes for reform and privatisation
More thorough structural reforms, accelerated privatisation and prudent salary policy - this is the prescription of the International Monetary Fund experts. The IMF Managing Board, which ana...
IMF praises Government, pushes for salary cuts in energy sector
The Nastase-led Government must put a lid on the energy sector wages, especially in the case of the National Oil Company Petrom, if it wants to get the fourth installment of the stand-by loa...
Authorities fret over IMF criteria
One month before the first deadline of the stand-by agreement concluded with the International Monetary Fund, the authorities are fretting over the performance criteria that have to be met f...
Authorities fret over IMF criteria
Authorities fret over IMF criteria
December brings IMF monitoring
The Government has a little over one month to go before the first IMF quarterly assessment. The performance criteria included in the memorandum are strict and condition the release of the se...
December brings IMF monitoring
December brings IMF monitoring