tranche
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ZF English
PSAL II second tranche, delayed
Romania will not receive this autumn the second tranche of the PSAL II programme, worth 169.9 million euros, agreed upon with the World Bank, because of delays in honouring certain commitments. "There are several actions we have to accomplish. The programme wi...
ZF English
Fourth tranche is here. Reform still to come
Romania has finally applied the reform measures needed to get a new tranche of the stand-by loan agreement concluded with the International Monetary Fund (IMF).Among the most significant mea...
ZF English
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...