Romania : Fifth Review Under the Stand-By Arrangement, and Requests for Waiver of Nonobservance of Performance Criterion, and Request for Modification and Establishment of Performance Criteria: Staff Report; Supplementary Information; Press Release on the Executive Board Discussion; Statement by the Executive Director for Romania

Economic growth finally turned positive, but further recovery will be delayed, as fiscal austerity measures and recent floods will weigh on domestic demand. The macroeconomic outlook has weakened and continues to be subject to exceptional uncertainties. With the enactment of the ambitious adjustment...

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Bibliographic Details

Corporate Author:	International Monetary Fund (Contributor)
Format:	Book
Language:	English
Published:	Washington, D.C. : International Monetary Fund, 2010
Series:	IMF Staff Country Reports ; Country Report No. 10/301 IMF Staff Country Reports; Country Report ; No. 2010/301 IMF eLibrary
Subjects:	Announcements Balance of payment Balance of payments Budget constraints Budget deficit Budget execution data Budgetary allocations Capital expenditure Capital expenditures Central bank Central government budget Current account balance Current account deficit Current account Debt dynamics Debt ratio Debt service Debt stock Debt sustainability Deficit financing Domestic currency Domestic financing Domestic payments arrears Expenditure restraint External debt sustainability External debt External debts External disbursements External financing External obligations External payments Fiscal adjustment effort Fiscal adjustment Fiscal assumptions Fiscal austerity Fiscal balance Fiscal burden Fiscal consolidation Fiscal council Fiscal deficit target Fiscal deficit Fiscal finances Fiscal framework Fiscal imbalances Fiscal measures Fiscal outlook Fiscal package Fiscal performance Fiscal policies Fiscal policy Fiscal reforms Fiscal responsibility Fiscal risks Fiscal strategy Fiscal target Fiscal targets Government budget Government debt Government deficit Government revenue Interest expenditure Long-term debt Long-term loans Medium-term fiscal strategy Official creditors Payment arrears Performance criteria modifications Primary deficit Private external debts Public debt Public external debt Public finance Public sector debt Repurchases Reserve assets Short-term debt Staff Reports Stand-by arrangement reviews State budget Structural adjustment Structural fiscal reforms Structural fiscal Tax administration Tax collections Tax evasion Tax increases Tax reforms Tax revenues Tax system Taxable income Taxation Total external debt Value added tax Banking Banks and Banking Banks and banking Banks Business Taxes and Subsidies Debt Management Debt Debts, External Debts, Public Deflation Depository Institutions Expenditure Expenditures, Public Exports and Imports Finance Inflation International Lending and Debt Problems International economics Macroeconomics Micro Finance Institutions Mortgages National Government Expenditures and Related Policies: General Pensions Price Level Prices Public Finance Public finance & taxation Sovereign Debt Spendings tax Taxes Value-added tax Romania