01888cas a2200241 a 4500 AALejournalIMF018527 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484359495 1934-7685 BD-DhAAL BD-DhAAL International Monetary Fund. European Dept. Romania : 2018 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (73 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 2018 Article IV Consultation highlights that Romania recorded strong economic growth in 2017, with record low unemployment and an improving financial sector. Private consumption boosted by fiscal stimulus and wage increases led the strong growth, while investment lagged and structural reforms slowed. Public investment fell to a multi-year low in percent of GDP with a low absorption of European Union funds. Both the government deficit and current account deficit widened, respectively to 2.8 and 3.4 percent of GDP in 2017. Growth is expected to reach 5 percent in 2018-led again by continuing stimulus to private consumption from fiscal relaxation-and accompanied by a current account deficit and elevated inflation, even as monetary policy is tightened. Mode of access: Internet IMF Staff Country Reports; Country Report ; No. 2018/148 Full text available on IMF http://elibrary.imf.org/view/journals/002/2018/148/002.2018.issue-148-en.xml IMF e-Library