loan tranches

Romania To Get New Tranches Despite Missed Inflation Target – IMF Official

The International Monetary Fund will most likely continue its financing program with Romania and will release two new tranches of a EUR13 billion loan, despite the eastern European country’s failure to meet its inflation target in 2009, IMF mission head Jeffrey Franks said Thursday.

Romania To Receive Next IMF Loan Tranches In Sep, Dec

Romania may access the next two tranches of the International Monetary Fund stand-by loan in September and December, respectively, according to the Technical Memorandum of Understanding published Wednesday.