CLEAN : Romania, IMF credit deal on track after fu

The video discusses an agreement at the staff level with the IMF, which is pending approval by the IMF management and Executive Board. The program is on track, and the Ministry of Finance plans to cover a 0.1% GDP gap by freezing or deferring spending. The government will assess revenue performance by mid-year, potentially avoiding further cuts. Romania's GDP growth in 2013 was 2.8%, the strongest since the crisis, outpacing most EU countries. GDP growth for 2014 is projected at 2.2%, with non-agricultural sectors expected to play a larger role.

What is the next step after reaching an agreement at the staff level?

• Approval by the European Union

• Approval by the Romanian government

• Approval by the Ministry of Finance

• Approval by the IMF management and Executive Board

How does the Ministry of Finance plan to cover the GDP gap?

• By cutting public sector jobs

• By freezing or deferring spending

• By increasing taxes

• By borrowing from international banks

What will the government assess during the midterm budget rectification?

• Spending cuts

• Revenue performance

• Inflation rates

• Interest rates

What was Romania's estimated GDP growth in 2013?

• 2.8%

• 3.5%

• 1.5%

• 4.0%

Which sector is expected to play a more significant role in Romania's economy in 2014?

• Agriculture

• Manufacturing

• Technology

• Services