“The mission will meet with the authorities, as well as with representatives of political parties, unions, business associations, banks, and civil society organizations,” Tonny Lybek, IMF’s Resident Representative in Romania and Bulgaria, said in a statement Wednesday.
The IMF visit will take place jointly with teams from the European Commission and the World Bank.
The review team was supposed to arrive in Bucharest on July 24, but the mission was delayed until after a referendum on whether to impeach president Traian Basescu takes place on July 29.
Basescu was suspended by Parliament at the beginning of the month, after the ruling coalition accused him of overstepping his attributions and breaching the Constitution.
Romania and the IMF signed a two-year precautionary loan agreement in April last year, successor to a EUR20 billion bailout package received during 2009-2011. The new deal also includes EUR1.4 billion financing from the European Union and a EUR400 million loan from the World Bank.
So far, the IMF approved total financing to Romania worth EUR2.67 billion under the new arrangement, but the authorities in Bucharest have not drawn any funds.