European Parliament Library

Romania :, Second Review under the Stand-By Arrangement and Request for Modification of Performance Criteria-Staff Report; Staff Supplement; Press Release on the Executive Board Discussion; and Statement by the Executive Director for Romania

Although the economic growth of Romania has resumed, it has boosted downside risks. However, the country has continued its strong performance under the new program in strengthening macroeconomic policies, accelerating structural reforms, and consolidating economic development. In conclusion, the authorities concur that the current precautionary Stand-By Arrangement (SBA) will provide additional security against unforeseen shocks, thereby setting the stage for strong and sustainable economic development while maintaining external and internal stability and thereby achieving the fiscal goals for 2012
Table Of Contents
Cover; Contents; I. Introduction and Summary; II. Macroeconomic Developments and Outlook; A. Recent Developments; B. Macroeconomic Outlook and Risks; III. Policy Discussions; A. Fiscal Policies; B. Structural Reforms; C. Financial Sector Policies; D. Monetary and Exchange Rate Policies; IV. Program Modalities and Other Issues; V. Staff Appraisal; Box; 1. The Stand-By Arrangement; Figures; 1. Real Sector, 2007-11; 2. External Sector, 2007-11; 3. Labor Sector, 2007-11; 4. Monetary Sector, 2005-11; 5. Fiscal Operations, 2005-12; 6. Financial Sector, 2007-11; 7. Financial Developments
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (87 p.)
Specific Material Designation
Form Of Item

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