IMF Team Begins Virtual Annual Article IV Consultation with Romania

A team from the International Monetary Fund (IMF), led by IMF mission chief for Romania, Jan Kees Martijn, will travel virtually to Bucharest, from May 10 to 28, for the annual analysis of the Romanian economy, known as the Article IV consultation, Agerpres reported.

Romania will not rely on the agreements with the IMF during the term of this government, underlined the Minister of Finance Adrian Caciu after a meeting with lawmakers on May 30.

“The IMF team will discuss with the Romanian authorities economic policies and developments. Virtual meetings will be held with officials from the Ministry of Finance, the National Bank of Romania, other government agencies, as well as representatives from the business and NGOs,” according to a statement from the fund.

At the end of the visit, the mission will present the conclusions of the visit.

Jan Kees Martijn is currently Head of Mission for Romania and Serbia, Head of the Southeast Division of the European Department and, until recently, Head of Mission for Albania. Before joining the IMF, Jan Kees Martijn was Professor of International Economics at the University of Amsterdam.

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

(Photo: Shutterstock)

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