The board of International Monetary Fund gave a positive assessment of Romania’s economic performance after the first review of the country’s economy under a program supported by a 24-month stand-by arrangement which enabled the disbursement of the second tranche of the €12 bln. Half of the €1.85 bln tranche will go to the National Bank of Romania’s coffers, and the other half will fill the budget gap, estimated at 7.3% of GDP.


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