AcasăEurope NewsIMF revises upward Romania's economic growth forecast for 2022, to 4.8%

IMF revises upward Romania’s economic growth forecast for 2022, to 4.8%

Published on

The International Monetary Fund has positively revised Romania’s economic growth forecast for 2022, to 4.8%, the Ministry of Finance announced on Monday, in a statement sent to Agerpres.

In June of this year, the head of the IMF mission for Romania, Jan Kees Martijn, announced, in a press conference, that the international financial institution improved its economic growth forecast for Romania to approximately 3.5% – 4.5 % for 2022 and 2023.

„We started from a forecast of 2.2% in the spring when the World Economic Outlook report of the IMF presented a reserved perspective on economic growth, against the background of the international context and the approach to the armed conflict on our border. And here, today, we are to 4.8% forecast, and the more than two percentage points positive correction of the economic growth forecast represents a confirmation of the correct approach that the Government has in relation to the situation at the level of the entire European Union,” said the Minister of Finance, Adrian Caciu, according to the quoted statement.

An International Monetary Fund team, led by the head of the IMF mission for Romania, Jan Kees Martijn, visited Bucharest, between May 30 and June 10, 2022, for the annual analysis of the Romanian economy, known as the Article IV Consultation.

In June of this year, the head of the IMF mission for Romania, Jan Kees Martijn, announced, in a press conference, that the international financial institution improved its economic growth forecast for Romania to approximately 3.5% – 4.5 % for 2022 and 2023.

„We started from a forecast of 2.2% in the spring when the World Economic Outlook report of the IMF presented a reserved perspective on economic growth, against the background of the international context and the approach to the armed conflict on our border. And here, today, we are to 4.8% forecast, and the more than two percentage points positive correction of the economic growth forecast represents a confirmation of the correct approach that the Government has in relation to the situation at the level of the entire European Union,” said the Minister of Finance, Adrian Caciu, according to the quoted statement.

An International Monetary Fund team, led by the head of the IMF mission for Romania, Jan Kees Martijn, visited Bucharest, between May 30 and June 10, 2022, for the annual analysis of the Romanian economy, known as the Article IV Consultation.

Agerpres

Latest articles

Romania PM Ciolacu: No ruling coalition can be formed as of 2025 other than around PSD and PNL

Chairman of the Social Democratic Party (PSD), Prime Minister Marcel Ciolacu, believes that in...

Joint Declaration adopted in New Delhi, on 10th Anniversary of Romania – India Extended Partnership

Foreign Minister Luminita Odobescu and her Indian counterpart, Dr. Subrahmanyam Jaishankar, adopted in New...

FBI: Director Christopher Wray visited Romania (Bucharest) to meet with Romanian Law Enforcement and Intelligence Partners

Director FBI Christopher Wray visited Romania this week and met with Romanian officials to...

A new pro-European presidential candidate in Moldova? He is a diplomat, educated in Austria and the USA

The other day I found a television station from the Republic of Moldova using...

More like this

Romania PM Ciolacu: No ruling coalition can be formed as of 2025 other than around PSD and PNL

Chairman of the Social Democratic Party (PSD), Prime Minister Marcel Ciolacu, believes that in...

Joint Declaration adopted in New Delhi, on 10th Anniversary of Romania – India Extended Partnership

Foreign Minister Luminita Odobescu and her Indian counterpart, Dr. Subrahmanyam Jaishankar, adopted in New...

FBI: Director Christopher Wray visited Romania (Bucharest) to meet with Romanian Law Enforcement and Intelligence Partners

Director FBI Christopher Wray visited Romania this week and met with Romanian officials to...