Romania : Request for a Stand-By Arrangement.

This paper discusses Romania's Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks, in par...

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Manylion Llyfryddiaeth
Awdur Corfforaethol: International Monetary Fund. European Dept
Fformat: Cylchgrawn
Iaith:English
Cyhoeddwyd: Washington, D.C. : International Monetary Fund, 2013.
Cyfres:IMF Staff Country Reports; Country Report ; No. 2013/307
Mynediad Ar-lein:Full text available on IMF
Disgrifiad
Crynodeb:This paper discusses Romania's Request for a Stand-By Arrangement (SBA). Since the 2008 global financial crisis, Romania has made significant progress in reducing macroeconomic imbalances and rebuilding fiscal and financial buffers. However, Romania remains vulnerable to external shocks, in particular uncertainties in the euro area as well as global volatility in capital flows to emerging markets. The new SBA would provide a valuable policy anchor and support Romania's comprehensive economic program for 2013-2015 to maintain sound macroeconomic policies and financial sector stability and continue structural reforms to enhance growth prospects. The IMF staff supports the authorities' request for a new SBA.
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Disgrifiad Corfforoll:1 online resource (112 pages)
Fformat:Mode of access: Internet
ISSN:1934-7685
Mynediad:Electronic access restricted to authorized BRAC University faculty, staff and students