Memo: Statement by the EC and IMF on the Review Mission to Romania

Staff teams from the European Commission (EC) and the International Monetary Fund (IMF) visited Bucharest from July 20 until August 1, for the regular quarterly review of Romania’s economic program. The objectives of the program are to solidify economic growth while maintaining macroeconomic and financial stability.

The teams’ assessment is that the program remains on track. All performance criteria for end-June were met. The authorities have steadfastly implemented program policies. Continued strong policy implementation will be important to make optimal use of Romania’s growth potential. Policies are being strengthened to better position Romania to weather financial market volatility.