The IMF representative declared that the new agreement will include measures of reform that will ensure that the economy will recover, like the adjustment of the budgetary deficit. However, Franks warned that Romania will need a competitive economy only if it will manage to implement structural reforms.






Jeffrey Franks: Romania's new agreement with the IMF will have a lower value, money will be withdrawn only for unforeseeable problems
The IMF representative declared that the new agreement will include measures of reform that will ensure that the economy will recover, like the adjustment of the budgetary deficit. However, Franks warned that Romania will need a competitive economy only if it will manage to implement structural reforms.