June 9, 2022 UPDATE

Click here for a roundup of domestic and international news

Newsroom, 09.06.2022, 20:14

OCDE Romania’s Foreign Affairs Minister, Bogdan
Aurescu, hailed the completion of the roadmap for Romania’s OCDE accession during
his Thursday’s participation in the Organisation’s Ministerial Council in
Paris. According to a Foreign Ministry communiqué, Romania’s firm commitment to
completing the domestic preparations for ensuring the best conditions for unfolding
the OCDE accession talks has been highlighted by Aurescu in his speech during
the meeting. Aurescu has also mentioned the main present challenges to the
objectives assumed at global level concerning the environmental protection, the
COVID-19 pandemic as well as the illegal war Russia is presently waging on
Ukraine. The head of the Romanian diplomacy said that the Russian aggression
has among effects a higher emphasis on the use of fossil fuels, the destruction
of the environment and marine ecosystems. On the sidelines of the event Aurescu
held talks with his French counterpart Cathernie Colonna on the bilateral
relations as well as topical issues at European and international levels with
emphasis on security and the multiple implications of the Russian invasion in
Ukraine.

IMF Prime Minister Nicolae Ciuca on
Thursday received an IMF delegation currently on an annual assessment mission
in Romania. On the occasion of celebrating this year 50 years of IMF
membership, Ciuca thanked the IMF representatives for the technical and
financial assistance Romania has benefitted in all these years. According to a
communiqué, Ciuca appreciated the positive IMF assessments and the counseling in
the field of fiscal policies with a view to curbing deficits and ensuring a
healthy economic growth against the difficult background caused by the latest
crises at European and international levels. Ciuca presented the governmental
measures aimed at providing support for both the economy and the vulnerable
citizens affected by the latest price hikes. In turn, the IMF representatives
appreciated the Romanian authorities’ efforts to keep inflation and deficits at
bay.

DEFICIT Romania’s trade balance deficit stood at around 10 billion Euros
in the first four months of this year, by almost 3 billion Euros more than the
one registered between January 1st and April 30th, 2021, according to data made
public today by the National Institute of Statistics. In April 2022 exports totaled
6.886 billion euro and imports 9.711 billion euro.

(bill)