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IMF mission in Bucharest extends stay until May 9

07. May 2010. | 06:46

Source: Focus News Agency

The IMF mission arrived in Bucharest on April 27 and was scheduled to leave Friday.

The review mission from the International Monetary Fund has decided to extend its visit in Romania until May 9 and to continue negotiations in Bucharest over the weekend, the Fund said Thursday, Romanian Mediafax news agency reports.

The IMF mission arrived in Bucharest on April 27 and was scheduled to leave Friday.

Following the mission, the IMF will decide whether to disburse a fifth installment to the country, worth EUR850 million, of a total stand-by loan of EUR13 billion.

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