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

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  • 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.

Suggested Citation

  • International Monetary Fund, 2022. "Romania: 2022 Article IV Consultation-Press Release; Staff Report; and Statement by the Executive Director for Romania," IMF Staff Country Reports 2022/310, International Monetary Fund.
    • Handle: RePEc:imf:imfscr:2022/310
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    File URL: http://www.imf.org/external/pubs/cat/longres.aspx?sk=523729
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    Keywords

    inflation expectation; EU membership; inflation outlook; EU accession; EU funds; cap scheme; Inflation; Fiscal stance; Energy prices; Consumer price indexes; Europe; Global;
    All these keywords.

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