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Romania : request for a stand-by arrangement. International Monetary Fund.
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...
| Clasificación: | Libro Electrónico |
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| Autor Corporativo: | |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington, D.C. :
International Monetary Fund, European Dept.,
[2013]
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| Colección: | IMF working paper ;
WP/13/307. |
| Temas: | |
| Acceso en línea: | Texto completo |
| Sumario: | 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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| Descripción Física: | 1 online resource (116 pages) : illustrations |
| Bibliografía: | Includes bibliographical references. |
| ISBN: | 9781616354428 1616354429 1484314824 9781484314821 |