Antena 3 CNN Business IMF official: The forecast GDP growth of 2% in 2013 can be achieved in Romania

IMF official: The forecast GDP growth of 2% in 2013 can be achieved in Romania

IMF official: The forecast GDP growth of 2% in 2013 can be achieved in Romania
21 Aug 2013   •   15:12
Preliminary data on the GDP evolution in the first half, in Romania shows that a target of 2 percent growth in 2013 can be achieved, said the IMF Resident Representative for Romania and Bulgaria, Guillermo Tolosa, quoted by Agerpres.

"The IMF has recently revised its forecast on the actual GDP for 2013, on the rise to about 2%. Preliminary data for the first half of the year show that this level can be achieved and we believe that there will be no significant shocks in the second half, "said Tolosa.

According to the first estimates released by the National Statistics Institute (INS), on August 14, Romania's GDP grew by 1.7% in the first half of 2013, both on the unadjusted series and on the seasonally adjusted series compared to the first half of 2012.

GDP in the second quarter of 2013 was, in real terms, up by 0.3% compared to the first quarter of 2013 (seasonally adjusted data).

The Fiscal Council last week , considered realistic the forecast growth of 2% for 2013, for Romania, given that a normal agricultural year will contribute substantially to the economic growth rate.



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