Romania : Ex-Post Evaluation of Exceptional Access Under the 2013 Stand-By Arrangement-Press Release; Staff Report; and Statement by the Executive Director for Romania
Author/Editor:
International Monetary Fund. European Dept.
Publication Date:
May 25, 2017
Electronic Access:
Free Full text (PDF file size is 1787 KB).Use the free Adobe Acrobat Reader to view this PDF file
Summary:
A 24-month precautionary Stand-By Arrangement (SBA) was approved in September 2013. The SBA, in an amount of SDR 1,751 million (170 percent of quota), was supported by the European Union and the World Bank and entailed exceptional access given Romania’s cumulative use of Fund resources. It followed on the heels of two previous SBAs, which had considerably reduced external and fiscal imbalances. Since 1991, a total of ten programs have been approved with Romania and, at the time of the 2013 SBA request, Romania was the fourth largest Fund borrower.
Series:
Country Report No. 17/135
English
Publication Date:
May 25, 2017
ISBN/ISSN:
9781484301678/1934-7685
Stock No:
1ROUEA2017003
Price:
$18.00 (Academic Rate:$18.00)
Format:
Paper
Pages:
54
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
