The increasing current account deficit and the growing inflationary pressure due to growing interior demand - fueled by salary growth and easier credits - are the main problems identified by the International Monetary Fund (IMF) experts regarding the Romanian economy.

In order to avoid these problems, the IMF executive board asked Romania to implement a more restrictive fiscal policy, with prudent fiscal targets on a medium term, as well as to strengthen the public funds management and to limit the growth of public expenses.

IMF also asked the Central Bank (BNR) to increase its monetary policy interest rate and to be cautions in reducing the minimum obligatory deposits for financial institutions.

IMF estimates an 11.5% current account deficit in 2007, with a 4.5 - 5.5% inflation rate and a 6.5 - 7% economic growth.