Loading ...The economy of Romania will experience a slight growth in 2010 in comparison with the expected 7 percent contraction in 2009, said Cristian Popa, Vice-Governor of the National Bank of Romania, in Vienna on Wednesday.
‘For 2010 a modest positive growth is forecast,’ said Popa in Vienna, where he takes part in the Vienna Economic Forum for Eastern and Central Europe. An International Monetary Fund (IMF) delegation on Wednesday, at the National Bank of Romania, began the meetings with the Romanian authorities.
The IMF delegation at expert level, which arrived in Bucharest for a new round of discussions on loan tranches 3 and 4, will have meetings in the next few days at the Ministry of Labour, the Ministry of Transports and the Ministry of Finance.
If the meeting agenda of the IMF, World Bank and European Commission delegation is carried out successfully and the international donors consider that Romania fulfilled its obligations, the latter will get two cumulated tranches amounting to 2.3 billion euros, one billion euros from the European Commission, as well as the sum of approximately 330 billion euros corresponding to the second agreement with the World Bank.
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