Romania can contribute with EUR 10 mln to the Poverty Reduction & Growth Trust

Romania may participate in the Poverty Reduction and Growth Trust (PRGT), managed by the International Monetary Fund (IMF), with EUR 9.76 million, according to a Public Finance Ministry draft project. This would give a significant positive signal for the improvement of Romania’s macroeconomic perspectives, according to the Romanian National Bank, reports local Capital.ro. It would also be a solidarity gesture, as Romania has benefited from consistent financial support from the Fund. Romania has committed to reaching a 0.33% ratio of gross national income for the volume of development assistance by 2015. editor@romania-insider.com