IMF increased the estimate regarding the average increase of consumption prices in Romania in 2010

IMF revised the estimate for 2010 regarding the average increase of consumption prices in Romania, by 0.4percentage points, at 4% according to the report World Economic Outlook. For 2011, the IMF anticipates an advance of prices of 3.1%. According to IMF, Romania will record a current account deficit of 5.5% both this year and in 2011, under that of 5.6% anticipated in the report regarding the perspectives of the world economy published in October 2009. IMF revised the estimate regarding the economic growth of Romania for this year, from 1.3% to 0.8% but for 2011 it anticipates an advance of 5.1% the quickest in the EU the report shows. Romania has a stand-by agreement with IMF for two years for the sum of 12.95 billion euro, money which go to the BNR reserve, the total package of foreign financing from the Fund, the EU, WB and BERD being 19.95 billion euro.