Romania: Staff Report for Article IV Consultation

December 12, 2000

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Romania: Staff Report for Article IV Consultation, (USA: International Monetary Fund, 2000) accessed November 23, 2024

Summary

Romania has made significant progress in stabilization and reform. Executive Directors welcomed this development, and stressed the need to maintain monetary and fiscal policies, and accelerate structural reforms. They welcomed the fiscal strengthening and progress in bank restructuring and privatization. Nevertheless, they called for strict adherence to the macroeconomic policy targets and intensified efforts in the areas of bank reform and enterprise privatization, and considered that greater clarity in the framework and objectives of monetary policy would be helpful.

Subject: Banking, Commercial banks, Economic sectors, External debt, Financial institutions, Inflation, Monetary base, Money, Prices, Privatization

Keywords: Arrears reduction, Authority, Central and Eastern Europe, Commercial banks, CR, End-December performance criterion, End-December staff projection, Inflation, ISCR, Left wing PDSR party to power, Monetary base, Privatization, Privatization effort, September

Publication Details

Pages:

76
Volume:

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DOI:

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Issue:

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Series:

Country Report No. 2000/159
Stock No:

1ROMEA0012000
ISBN:

9781451832709
ISSN:

1934-7685

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