May 27 (SeeNews) - An International Monetary Fund (IMF) mission started a visit to Romania on Monday with the aim of evaluating the state of the country's economy, the IMF resident representative office said.
The IMF mission led by Jaewoo Lee will meet with representatives of the finance ministry, the central bank and other government agencies, as well as with representatives of the private sector and non-governmental organizations during its May 27 - June 7 visit, the IMF resident representative office said in a statement.
The IMF delegation will conduct the annual review of the Romanian economy under the Article IV Consultation.
"The team will discuss economic developments and policies with the Romanian authorities,” IMF resident representative for Romania and Bulgaria, Alejandro Hajdenberg, said.
The last Article IV consultations with Romania took place in November.
Currently, Romania has no ongoing funding agreement with the IMF.
Romania's real gross domestic product (GDP) growth is projected to reach 3.1% in 2019 before decelerating to 3% in 2020, the IMF said in the April edition of its World Economic Outlook report.