Romania: Third Review Under the Stand-By Arrangement-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Romania

This paper discusses key findings of the Third Review of Romania's economic performance under a program supported by a 24-month Stand-By Arrangement (SBA). The authorities are on track to achieve their 2011-12 deficit targets, but stepped-up efforts are needed on key structural reforms. Inflati...

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Körperschaft: International Monetary Fund (VerfasserIn)
Format: Elektronisch E-Book
Sprache:English
Veröffentlicht: Washington, D.C International Monetary Fund 2012
Schriftenreihe:IMF Staff Country Reports Country Report No. 12/11
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Zusammenfassung:This paper discusses key findings of the Third Review of Romania's economic performance under a program supported by a 24-month Stand-By Arrangement (SBA). The authorities are on track to achieve their 2011-12 deficit targets, but stepped-up efforts are needed on key structural reforms. Inflation has dropped sharply, reflecting food prices deflation and the removal of the VAT base effect. All end-September quantitative performance criteria and indicative targets were met, and inflation returned to the inner band of the inflation consultation mechanism
Beschreibung:1 Online-Ressource (91 p)
ISBN:1463932510
9781463932510

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