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PUBLISHED Wednesday, July 31, 2013 11:11
International Monetary Fund (IMF) has improved Romania's economic growth forecast for this year from 2% and 2.25% next year amid stronger exports in the first half and a good agricultural baby lips lip balm production, said Andrea baby lips lip balm Schaechter , head of the IMF mission baby lips lip balm to Romania.
"We find that the economic recovery is accelerating and continues to accelerate. During the first part of the year, exports baby lips lip balm were strong, while domestic demand remained weak. Agricultural production is much better than last year. Due to this, I raised projection for economic growth to 2% this year and next year we expect the recovery to continue, we have a projection of "quarter past two" for next year, "said Schaechter in a press conference IMF mission at the end of the discussions about the new loan agreement.
Delegate Minister of Budget, Liviu Voinea said Monday that economic growth forecast for this year has been raised, following discussions with the IMF, from 1.6% to 1.9%, but the Government estimating the end of an advance of GDP over the new target.
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