IMF: Romania Article IV consultation
The IMF on 25 June released the staff report and public information notice regarding the conclusion of its Article IV consultation with Romania.
The Fund projected 7% (baseline) growth of real GDP in 2007, down from 7.7% (preliminary estimate) in 2006. According to the consultation, "Growth is strong, while inflation and unemployment are falling. However, strong credit growth, a widening current-account deficit and attendant increase in vulnerabilities raise concerns."
The Fund said that during
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