01911cas a2200241 a 4500 AALejournalIMF006624 230101c9999 xx r poo 0 0eng d 5.00 USD 9781455203468 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. Romania : Staff Report for the 2010 Article IV Consultation, Fourth Review Under the Stand-By Arrangement, and Requests for Modification and Waiver of Nonobservance of Performance Criteria-Staff Report; Staff Supplement; Public Information Notice and Press Release on the Executive Board Discussion; Statement by the Executive Director for Romania. Washington, D.C. : International Monetary Fund, 2010. 1 online resource (153 pages) IMF Staff Country Reports <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The growth outlook remains weak and uncertain. Romania's decision to rely primarily on expenditure cuts to close the fiscal gap is ambitious, but entails implementation risks. Progress on fiscal reforms has resumed. In the medium term, fiscal policy should aim at a more permanent reduction in the fiscal deficit. The government's proactive banking supervision, and regulation has helped maintain the stability of the financial system, but vigilance is essential. Pressing ahead with structural reforms is key for boosting growth and achieving sustainable real convergence. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2010/227 Full text available on IMF http://elibrary.imf.org/view/journals/002/2010/227/002.2010.issue-227-en.xml IMF e-Library