This web page presents information about the work of the IMF in Romania, including the activities of the IMF Resident Representative Office. Additional information can be found on the Romania and IMF country page, including IMF reports and Executive Board documents that deal with Romania.

Mr. Gottlieb has been appointed as the new Resident Representative for Bulgaria and Romania. He replaces Mr. Ilahi.

Romania and the IMF Country Page

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At a Glance: Romania's Relations with the IMF

  • Current IMF membership: 191 countries
  • Romania joined in December 15, 1972
  • Quota: SDR 1811.4 million
  • The 2023 Article IV Consultation was discussed by the Executive Board on December 1, 2023
  • The Fund has had a resident representative in Bucharest since 1991.

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IMF’s Work on Romania

  • IMF Staff will Visit Romania

    October 28, 2024

    Today, Mr. Geoff Gottlieb, IMF Senior Regional Representative for Central, Eastern and Southeastern Europe, made the following statement: “An IMF mission headed by Mr. Jan Kees Martijn will visit Bucharest November 5 - 8, 2024, to hold a regular staff visit. The Fund’s team will review recent economic and financial developments and update the macroeconomic outlook.”

  • Executing a Soft Landing for a Lasting Recovery

    March 15, 2024

    Today’s gathering comes two years after Russia’s invasion of Ukraine, a subsequent energy-price roller coaster, and the advent of a more fragmented global economy. Against this backdrop Europe has done well, because governments acted fast and decisively. Unemployment rates have remained low, inflation has declined sharply, and the EU announced a new accession effort—stemming the tide of fragmentation.

  • IMF Staff Concludes Visit to Romania

    February 1, 2024

    Last year’s fiscal package was a step in the right direction and creates additional revenue. Nonetheless, we project fiscal deficits above 6 percent of GDP in the next few years, given the fiscal costs of the new pension law. New measures will be needed to reduce the deficit to sustainable levels.

  • Labor Force Participation in Romania

    December 13, 2023

    Author/Editor:Florian Misch | Alexander Pitt
    Series:Selected Issues Paper No. 2023/062

  • Making Romania Fit and Resilient for the Net-Zero Transition

    December 13, 2023

    Author/Editor:Augustus J Panton
    Series:Selected Issues Paper No. 2023/063

More

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Regional Economic Outlook

October 24, 2024

Regional Economic Outlook for Europe, October 2024

A Recovery Short of Europe’s Full Potential

Europe’s economy is recovering, benefiting from a strong crises’ response. Yet, the recovery is falling short of its full potential. Uncertainty about persistent core inflation, policy directions, and geopolitical conflicts, is dampening the near-term outlook. In the longer term, perennially weak productivity growth—a result of limited scale and business dynamism–-amid new headwinds from fragmentation and climate change are holding back growth potential.
Read the Report