Romania’s Economic Growth Potential At 3% On Medium Term - IMF

Romania has an economic growth potential of 3% on medium term, but it needs to raise local production for a sustainable growth, according to Jeffrey Franks, head of the International Monetary Fund mission to Bucharest.

55 views

Imaginea articolului Romania’s Economic Growth Potential At 3% On Medium Term - IMF

Romania’s Economic Growth Potential At 3% On Medium Term - IMF

The IMF forecasts Romania's economic growth at 3.5%-4% in 2012 and 4% in 2013, higher than the estimated potential.

Ensuring the macroeconomic stability is mandatory for a sustainable growth, Franks told a financial seminar Tuesday. Also, the growth needs to be attained by attracting foreign capital, workforce and by improving technologies, he added.

He stressed out that the country should bring back Romanians who work abroad. Another support for future economic growth should be improving the infrastructure, Franks also said.

If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »

The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.

 

The free download of the press materials (text, photo and / or video), bearers of intellectual property rights, is approved by www.mediafax.ro only within 250 signs. Spaces and URL / hyperlink are not taken into account when counting signs. The collection of information can only be done in accordance with the terms agreed and mentioned here