IMF: Romania set for lower growth in 2014

The International Monetary Fund (IMF) predicts a 2.2 per cent economic growth for Romania in 2014, down from 2.8 per cent in 2013, Andrea Schaecther, head of the IMF mission in Romania, told a February 4 news conference.

“We estimate an increase of GDP by 2.8 per cent for 2013, the biggest economic growth since the beginning of the crisis. The current account deficit rose by 1.2 per cent of GDP and exports increased both to the EU countries and outside the communitarian bloc,” she told the news conference, which wrapped up the visit of the IMF delegation to Bucharest.

Romania is set to have an economic growth of 2.2 per cent this year, Schaechter said.

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(Photo: Axente Ovidiu/