IMF comes to Bucharest on Wednesday for an analysis on latest economic developments

 An International Monetary Fund (IMF) mission, led by Joong Shik Kang, will visit Bucharest from September 3 to 12, 2025, to analyze recent developments in the Romanian economy.

"The Fund team will analyze recent economic developments and policies. It will meet with officials from the Ministry of Finance, the National Bank of Romania, and other government agencies, as well as with representatives of the private sector and non-governmental organizations," the international financial institution announced.

Consultations constitute a surveillance exercise that is mandatory for all Member States. The purpose of consultations under Article IV is to examine the financial and economic situation at national level and to formulate general recommendations regarding monetary, financial and economic policies to be followed in order to ensure stability and positive developments in the economy.

Currently, Romania does not have an ongoing financing agreement with the International Monetary Fund, but the financial institution annually evaluates the evolution of the Romanian economy, based on Article IV consultations.

This year, an IMF mission took place in Bucharest, also led by Joong Shik Kango, between February 3 and 7, 2025.

The International Monetary Fund has worsened its estimates regarding the growth of the Romanian economy this year, from 3.3% as previously forecast, to 1.6%, according to the "World Economic Outlook" (WEO) report, published in April 2025 by the international financial institution.

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