International Monetary Fund

IMF expects strong recovery of Romanian economy in 2021, with GDP recovery of 7 pct

The experts of the International Monetary Fund estimate a strong economic recovery in Romania in 2021, with an advance of the real Gross Domestic Product of 7 percent, specifying, however, that some unexpected negative changes in the evolution of the pandemic might put this forecast at risk, show the conclusions published following the assessment mission of the Romanian economy.

IMF commends Slovenia’s response to Covid, says consolidation must follow

Washington – The International Monetary Fund (IMF) has commended Slovenia’s “swift, substantial, and well-coordinated policy responses” to the pandemic following consultations with the authorities earlier in May, as it stressed that once the recovery is entrenched, the focus should shift toward consolidation.

European Bank for Reconstruction and Development appointed a new director

Today, the Minister of Finance in the Government of the Republic of Serbia, Sinia Mali, met with the new Director of the European Bank for Reconstruction and Development (EBRD) for the Western Balkans, Matteo Colangeli, as well as with the former Director of that international financial institution, Zsuzsanna Hargitai.

FinMin Nazare: IMF projections confirm gov't starting from correct budgetary premises, on right track

The projections published on Tuesday by the International Monetary Fund confirms that the Romanian government has started from correct budgetary premises and that Romania is on the right track, but caution is still needed, especially regarding government outlays, according to Finance Minister Alexandru Nazare.

Forecasts: Corruption and Lack of Serious Reforms Will Keep Bulgaria Outside the Euro Area at least until 2026

Several weeks before the parliamentary elections, leading institutes and international organizations presented their forecasts for Bulgaria in 2021 and the next few years, containing - at best - very low expectations for any serious reforms and the fight against corruption.

FinMin Citu: Romania's securing international loan is proof that we managed to gain investors' trust

Romania's success in securing a loan from international markets is proof that it managed to gain the trust of investors in a very important year and I hope that the rating agencies take this into consideration, Finance Minister Florin Citu told Radio Guerrilla on Thursday morning.