Acta Universitatis Danubius. Œconomica, Vol 7, No 1 (2011)

Abstract

The International Monetary Fund aims primarily to ensure the stability of the international
monetary system more specifically the international payment system which allows countries and their
citizens to buy, sell goods and services between them. This is essential for sustainable economic
growth, improvement of life standards and reducing poverty all around the world. The goals of
Romania’s agreements with IMF subscribe these parameters, mostly the current one, this being
emphasized by the economic recession and the necessity of reducing fiscal imbalance in order to
attain a deficit with normal values acceptable in the EU. These include: maintaining the inflation at
the range aimed by RNB, ensuring a sufficient external financing and improving credibility, the
attempt to amortize the effects of severe capital absorption and resolution for Romania’s external and
fiscal imbalances and consolidation of the financial area.