IMF approved the last evaluation of the stand by agreement with Romania and the terms of the new agreement

IMF board approved on Friday the seventh and last evaluation of the stand by agreement with Romania, based on the country’s compliance with the objectives set for the last 2010 quarter and also the terms of the future agreement, Romanian news agency Mediafax reports.

The institution’s leadership made the seventh evaluation of the stand by agreement signed with Romania on May 4th 2009 for a two year period.