01765cas a2200241 a 4500 AALejournalIMF013928 230101c9999 xx r poo 0 0eng d 5.00 USD 9781475518344 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Romania : Request for a Stand-By Arrangement. Washington, D.C. : International Monetary Fund, 2013. 1 online resource (112 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 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. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2013/307 Full text available on IMF http://elibrary.imf.org/view/journals/002/2013/307/002.2013.issue-307-en.xml IMF e-Library