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

International Monetary Fund

No 2022/310, IMF Staff Country Reports from International Monetary Fund

Abstract: 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.

Keywords: inflation expectation; EU membership; inflation outlook; EU accession; EU funds; cap scheme; Inflation; Fiscal stance; Energy prices; Consumer price indexes; Europe; Global (search for similar items in EconPapers)
Pages: 68
Date: 2022-09-26
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