Romania: 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania
This 2015 Article IV Consultation highlights that Romania's economic recovery has become more entrenched and broad based, with private consumption picking up on the back of rising real disposable income. At the same time, inflation has decelerated substantially over the past two years and a neg...
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Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Washington, D.C
International Monetary Fund
2015
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Schriftenreihe: | IMF Staff Country Reports
Country Report No. 15/79 |
Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
Zusammenfassung: | This 2015 Article IV Consultation highlights that Romania's economic recovery has become more entrenched and broad based, with private consumption picking up on the back of rising real disposable income. At the same time, inflation has decelerated substantially over the past two years and a negative output gap persists. The banking sector has considerably reduced nonperforming loans, though they remain high, and private sector credit has fallen since 2013. Growth is projected to remain robust in a low inflation environment. Raising growth prospects over the longer term requires continuity of sustainable macroeconomic policies, underpinned by stronger fiscal and regulatory institutions, and a more stable and predictable business environment, which is crucial for investor confidence |
Beschreibung: | 1 Online-Ressource (67 p) |
ISBN: | 1475552548 9781475552546 |
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index_date | 2024-07-03T20:13:36Z |
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publisher | International Monetary Fund |
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spelling | International Monetary Fund European Dept oth Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania Washington, D.C International Monetary Fund 2015 1 Online-Ressource (67 p) txt rdacontent c rdamedia cr rdacarrier IMF Staff Country Reports Country Report No. 15/79 This 2015 Article IV Consultation highlights that Romania's economic recovery has become more entrenched and broad based, with private consumption picking up on the back of rising real disposable income. At the same time, inflation has decelerated substantially over the past two years and a negative output gap persists. The banking sector has considerably reduced nonperforming loans, though they remain high, and private sector credit has fallen since 2013. Growth is projected to remain robust in a low inflation environment. Raising growth prospects over the longer term requires continuity of sustainable macroeconomic policies, underpinned by stronger fiscal and regulatory institutions, and a more stable and predictable business environment, which is crucial for investor confidence Online-Ausg International Monetary Fund European Dept Sonstige oth http://elibrary.imf.org/view/IMF002/22444-9781475552546/22444-9781475552546/22444-9781475552546.xml Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_auth | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_exact_search | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_exact_search_txtP | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_full | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_fullStr | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_full_unstemmed | Romania 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
title_short | Romania |
title_sort | romania 2015 article iv consultation staff report press release and statement by the executive director for romania |
title_sub | 2015 Article IV Consultation-Staff Report; Press Release; and Statement by the Executive Director for Romania |
url | http://elibrary.imf.org/view/IMF002/22444-9781475552546/22444-9781475552546/22444-9781475552546.xml |
work_keys_str_mv | AT internationalmonetaryfund romania2015articleivconsultationstaffreportpressreleaseandstatementbytheexecutivedirectorforromania AT internationalmonetaryfundeuropeandept romania2015articleivconsultationstaffreportpressreleaseandstatementbytheexecutivedirectorforromania |