Romania: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania
September 26, 2022
Preview Citation
Format: Chicago
Romania: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania, (USA: International Monetary Fund, 2022) accessed December 24, 2024
Summary
After a solid recovery from the pandemic, Romania is now, like other EU countries, facing strong headwinds related to the war in Ukraine. Output reached pre-crisis levels in H1 2021 and growth in Q1 2022 was strong. But inflation has risen rapidly, and the external and fiscal positions are weak. The authorities are implementing a support package of energy price caps and subsidies for vulnerable groups.
Publication Details
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Pages:
68
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Volume:
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DOI:
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Issue:
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Series:
Country Report No. 2022/310
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Stock No:
1ROUEA2022003
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ISBN:
9798400220180
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ISSN:
1934-7685