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IMF delegation congratulated the central bank for the way it saw fit to react to challenges 

de A.C.     HotNews.ro
Luni, 25 octombrie 2010, 13:16 English | Top News

IMF officials were very pleased after talks with Central Bank leadership, officials of the institution confirmed for HotNews.ro. Quoted sources declared that the IMF delegation congratulated the central bank for the way it saw fit to react to current challenges. 

Talks tackled not only an analysis of the monetary policy but also the perspectives of the Romanian economy to exit the crisis. IMF officials were optimistic even though they were reserved regarding the efficiency of some measures in the fiscal policy, central bank officials said. 

At their turn, IMF officials appreciated that talks with the central bank were very productive. Jeffrey Franks declared that after the next instalment is released, the foreign currency reserve of the central bank will increase. 























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