“It is a strategic decision for the medium term,” Georgescu said, adding that it was too early in the process to advance a figure for the future loan.
In April 2011, Romania and the IMF signed a EUR3.6 billion loan agreement, a successor to a larger EUR20 billion international bailout package received during 2009-2011.
The new agreement is supplemented by a EUR1.4 billion loan from the European Commission and another EUR1 billion from the World Bank. So far, the authorities in Bucharest have not drawn any funds.
Joint teams from the IMF, the EU and the World Bank are due to arrive in Bucharest next week for the sixth review of the loan agreement.