Romania will receive the second and third instalments for the loan taken from the international financing institutions. "I'm convinced that the IMF will authorise the instalments after noting the progress recorded in Romania. Half f the money will be used to support the budget. The other half will go to the Romanian National Bank (BNR) for the payments balance", the IMF chief of mission Jeffrey Franks announced on Wednesday morning, January 27, 2010. The European Commission representatives announced that their next instalment for Romania will be delivered in March.

Jeffrey Franks, IMF

The target for Romania was reached; therefore we will deliver the second and the third instalment. In the last 2009 quarter the economic negative evolution dropped significantly. It is very important that BNR continued the policies on inflation. EC representatives

We're firmly convinced that the multilateral financial assistance combined with the Government's policies had a positive impact on Romania. Financial tensions weakened. The economic conditions and perspective are better now. It seems that the worst part of the crisis is gone. I would say that the programme is on the good path, most of the targets have been met:Fiscal targets - last data show that the 7.3% of the GDP deficit target has been met. The 2010 budget - it is important that the agreed measures be implemented. We must carry on the effort to allow more handling space for the cut of budget spending. Fiscal governance - it is important that the unique salary scheme, the pensions law, the fiscal responsibility law be approved by the Parliament. Progress has been made in supervising the financial sector. The next missions will evaluate the measures o secure a better value for spent public money and the improvement in European funds absorption. The experts' evaluation is positive. We will r