Romania Misses Over Half Of IMF Loan Targets; Applies For Waivers

06.13.2013 By Florentina Dragu

Romania has missed over half of its goals assumed under a two-year EUR3.6 billion loan with the International Monetary Fund due for completion in late June, including a long-overdue reduction in government arrears, according the country’s latest letter of intent to the IMF.

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Keywords:
GOVERNMENT
, IMF
, PROGRAM