The IMF team will not review Romania’s progress under a EUR2 billion precautionary agreement signed last year, and the visit is strictly dedicated to budget talks, the ministry said.
The talks will take place in December 2-10, and the budget draft will afterwards be put up for public debate and approved by the government.
In September last year, Romania and the IMF signed a EUR1.98 billion two-year precautionary loan program, the third financial package the eastern European country has received in the last four years. The package also includes funds from the European Commission and the World Bank.