TY - BOOK ID - 84545432 TI - Romania : Third Review Under the Stand-By Arrangement and Request for Waiver of Performance Criterion. AU - International Monetary Fund. AU - International Monetary Fund PY - 2003 SN - 1462312985 1452765855 1283564289 1452747741 9786613876737 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Labor KW - Macroeconomics KW - Money and Monetary Policy KW - Taxation KW - Industries: Energy KW - Inflation KW - Wages, Compensation, and Labor Costs: General KW - Energy and the Macroeconomy KW - Comparison of Public and Private Enterprises and Nonprofit Institutions KW - Privatization KW - Contracting Out KW - Monetary Policy, Central Banking, and the Supply of Money and Credit: General KW - Business Taxes and Subsidies KW - Price Level KW - Deflation KW - Monetary economics KW - Labour KW - income economics KW - Petroleum, oil & gas industries KW - Excise taxes KW - Wages KW - Energy sector KW - Credit KW - Excises KW - Economic sectors KW - Money KW - Prices KW - Energy industries KW - Excise tax KW - Romania UR - https://www.unicat.be/uniCat?func=search&query=sysid:84545432 AB - This paper assesses Romania’s Third Review Under the Stand-By Arrangement and a Request for Waiver of Performance Criterion. Romania’s macroeconomic performance continued to be favorable, but slippages in wage policy and privatization delayed the completion of the third review. Robust GDP growth continued throughout 2002, and progress in reducing inflation and the current account deficit was better than targeted. However, financial discipline in the state-owned sector remained weak, and the end-September performance criterion on the wage bill in monitored state-owned enterprises was not observed. ER -