Romania:2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania

Author: International Monetary Fund. European Dept.

2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania

Volume/Issue: Volume 2022 Issue 310

Publication date: September 2022

ISBN: 9798400220562

$0.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	PDF	ePub
English

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Finance , Inflation , Economics- Macroeconomics , Money and Monetary Policy , Public Finance , Business and Economics - Statistics , International - Economics , inflation expectation , EU membership , inflation outlook , EU accession , EU funds , cap scheme , Inflation , Fiscal stance , Energy prices , Consumer price indexes , Europe , Global

Also of interest

Peru

Grenada

Nepal

Peru

Summary

After a solid recovery from the pandemic, Romania is now, like other EU countries, facing strong headwinds related to the war in Ukraine. Output reached pre-crisis levels in H1 2021 and growth in Q1 2022 was strong. But inflation has risen rapidly, and the external and fiscal positions are weak. The authorities are implementing a support package of energy price caps and subsidies for vulnerable groups.