Loading ...The International Monetary Fund (IMF) estimates that Romania will report in 2008 a real growth of the Gross Domestic Product (GDP) of 8.6% after a 6-percent growth in 2007, reads the latest report pertaining to the outlooks of the world’s economy, published on October 8 in Washington.
The new estimates included in „World Economic Outlook” shows that the Fund significantly improved the estimates referring to the economic growth pace registered in Romania this year, considering in April the Fund staked on an economic growth of only 5.4%.
The fund warns, however, that next year Romania’s real economic growth will slow down to 4.8%.
The fund warns, however, that next year Romania’s real economic growth will slow down to 4.8%.
As regards the inflation at the end of the year, the International Monetary Fund stakes as regards Romania a rate of 7.9% in December 2008.
Allowing for the average inflation rate, the International Monetary Fund forecasts an average inflation rate for Romania worth 8.2% in 2008.
The current account deficit will draw near this year to the level of 13.8% of the GDP, down compared to 14% of the GDP in 2007. In the outlooks made public this spring, the International Monetary fund anticipated a current account deficit of 14.5% of the gross domestic product in 2008.
Allowing for the average inflation rate, the International Monetary Fund forecasts an average inflation rate for Romania worth 8.2% in 2008.
The current account deficit will draw near this year to the level of 13.8% of the GDP, down compared to 14% of the GDP in 2007. In the outlooks made public this spring, the International Monetary fund anticipated a current account deficit of 14.5% of the gross domestic product in 2008.
In June 2008, the regional representative of the International Monetary Fund for Romania and Bulgaria, Juan Jose Fernandez Ansola announced that the International Monetary Fund would positively revise Romania’s economic growth, which will be significantly higher over the previous year.
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