This web page presents information about the work of the IMF in Romania, including the activities of the IMF Resident Representative Office. Additional information can be found on the Romania and IMF country page, including IMF reports and Executive Board documents that deal with Romania.


Mr. Gottlieb has been appointed as the new Resident Representative for Bulgaria and Romania. He replaces Mr. Ilahi.

Back to Top

At a Glance: Romania's Relations with the IMF

  • Current IMF membership: 190 countries
  • Romania joined in December 15, 1972
  • Quota: SDR 1,030.20 million
  • The last Article IV Executive Board Consultation was on March 27, 2015. (Country Report 15/79)
  • The Fund has had a resident representative in Bucharest since 1991.

Back to Top

Romania and the IMF

  • Executing a Soft Landing for a Lasting Recovery

    March 15, 2024

    Today’s gathering comes two years after Russia’s invasion of Ukraine, a subsequent energy-price roller coaster, and the advent of a more fragmented global economy. Against this backdrop Europe has done well, because governments acted fast and decisively. Unemployment rates have remained low, inflation has declined sharply, and the EU announced a new accession effort—stemming the tide of fragmentation.

  • IMF Staff Concludes Visit to Romania

    February 1, 2024

    Last year’s fiscal package was a step in the right direction and creates additional revenue. Nonetheless, we project fiscal deficits above 6 percent of GDP in the next few years, given the fiscal costs of the new pension law. New measures will be needed to reduce the deficit to sustainable levels.

  • Labor Force Participation in Romania

    December 13, 2023

    Author/Editor:Florian Misch | Alexander Pitt
    Series:Selected Issues Paper No. 2023/062

  • Making Romania Fit and Resilient for the Net-Zero Transition

    December 13, 2023

    Author/Editor:Augustus J Panton
    Series:Selected Issues Paper No. 2023/063

  • IMF Executive Board Concludes 2023 Article IV Consultation with Romania

    December 8, 2023

    The Executive Board of the International Monetary Fund (IMF) concluded the Article IV consultation with Romania, and considered and endorsed the staff appraisal without a meeting.

More

November 8, 2023

Restoring Price Stability and Securing Strong and Green Growth

Europe is at a turning point. After last year’s crippling energy price shock caused by Russia’s invasion of Ukraine, Europe faces the difficult task of restoring price stability now while securing strong and green growth in the medium term. Economic activity has started to cool and inflation to fall as a result of monetary policy action, phasing-out supply shocks, and falling energy prices. Sustained wage growth could, however, delay achieving price stability by 2025. Failing to tackle inflation now will risk additional growth damage in a world exposed to structural shocks from fragmentation and climate change. These global headwinds add to Europe’s long-standing productivity and convergence problems. To lift Europe’s potential for strong and green growth, countries need to remove obstacles to economic dynamism and upgrade infrastructure. This will strengthen business-friendly conditions and investment. Cooperation at the European level and with international partners will position Europe as a leader in the climate transition and support economic stability across the continent.


Read the Report