Romania First and Second Reviews Under the Stand-By Arrangement and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Program conditionality, and Rephasing of the Availability Dates of Purchases

This first and second reviews under the Stand-By-Arrangement analyzes Ex Post Evaluation of exceptional access for Romania. Efforts are needed to strengthen monetary policy transmission. The banking system remains well capitalized, but the authorities need to accelerate the resolution of nonperformi...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2014
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Romania  |b First and Second Reviews Under the Stand-By Arrangement and Requests for Waiver of Nonobservance of a Performance Criterion, Modification of Program conditionality, and Rephasing of the Availability Dates of Purchases 
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300 |a 106 pages 
651 4 |a Romania 
653 |a Going public 
653 |a Debts, External 
653 |a Budget 
653 |a Budgeting 
653 |a Deflation 
653 |a General Financial Markets: General (includes Measurement and Data) 
653 |a Finance: General 
653 |a National Budget 
653 |a External debt 
653 |a Debt Management 
653 |a Budgeting & financial management 
653 |a Debts, Public 
653 |a Interest Rates: Determination, Term Structure, and Effects 
653 |a Banks and Banking 
653 |a Banking 
653 |a International economics 
653 |a Debt 
653 |a Arrears 
653 |a Banks and banking 
653 |a Budget planning and preparation 
653 |a Public Finance 
653 |a Sovereign Debt 
653 |a Price Level 
653 |a Mortgages 
653 |a Budget Systems 
653 |a Securities 
653 |a Banks 
653 |a International Lending and Debt Problems 
653 |a Prices 
653 |a Micro Finance Institutions 
653 |a Public debt 
653 |a Finance 
653 |a Inflation 
653 |a Macroeconomics 
653 |a Depository Institutions 
653 |a Exports and Imports 
653 |a Public financial management (PFM) 
653 |a Public finance & taxation 
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520 |a This first and second reviews under the Stand-By-Arrangement analyzes Ex Post Evaluation of exceptional access for Romania. Efforts are needed to strengthen monetary policy transmission. The banking system remains well capitalized, but the authorities need to accelerate the resolution of nonperforming loans and closely monitor risks from parent bank deleveraging. The Romanian authorities continue their efforts to reach the goals of a broad structural agenda, with a focus on structural reforms in the energy, transport and healthcare sectors, and continue the reform of the state-owned enterprises