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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Chi tiết về thư mục
Tác giả của công ty: International Monetary Fund. European Dept
Định dạng: Tạp chí
Ngôn ngữ:English
Được phát hành: Washington, D.C. : International Monetary Fund, 2013.
Loạt:IMF Staff Country Reports; Country Report ; No. 2013/307
Truy cập trực tuyến:Full text available on IMF
Miêu tả
Tóm tắt: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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Mô tả vật lý:1 online resource (112 pages)
Định dạng:Mode of access: Internet
số ISSN:1934-7685
Truy cập:Electronic access restricted to authorized BRAC University faculty, staff and students