IMF Approves a New Stand-By Credit to Romania
01.11.2001
IMF Approves 18-month, US$383 Million Stand-By Credit to Romania
The Executive Board of the International Monetary Fund (IMF) yesterday approved an 18-month stand-by credit for SDR 300 million (about US$383 million) to Romania.
The decision will enable Romania to draw SDR 52 million (about US$66 million) immediately from the IMF.
(The IMF Press Release No. 01/43, October 31, 2001)