Romania : first and second reviews under the stand-by arrangement and request for waiver of nonobservance of a performance criterion, modification of program conditionality, and rephasing of the availability dates of purchases, staff report, press release, and statement by the executive director for Romania /

KEY ISSUESStand-by Arrangement (SBA): A 24-month SBA with access of SDR 1,751.34 million (about?1.98 billion, 170 percent of quota) was approved by the Executive Board on September 27, 2013. The second and third tranches of SDR 194.7 million each (cumulative SDR 584.1 million) would be made availabl...

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