Jeffrey Franks said the International Monetary Fund was closely following the political developments in Romania, but he didn’t anticipate an interruption of the stand-by agreement with Romania or a change in policy whatsoever.
“A mission to initiate discussions with authorities on the second review of the SBA is, therefore, expected to visit Romania as soon as a new cabinet has been formed," the chief of IMF mission in Romania said in a press release.
In the press release of the Fund, IMF says its programs support the sound economic policies of the partner countries, not a particular government or political party.
Franks added the IMF was “closely” monitoring the political developments in Romania and “didn’t anticipate an interruption in the stand-by arrangement”, due to current political uncertainty.
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