Tuesday, February 8, 2011

Romania economy seen growing up to 2 pct in 2011-PM

Feb 7 (Reuters) - Romania's economy is seen growing up to 2 percent this year and up to 4.5 percent in 2012, helped by Romania's new IMF-led precautionary aid deal, Prime Minister Emil Boc said on Monday.

"The objective of the new deal is economic growth," Boc told reporters one day after the country's president announced the recession-battered state will get a new two-year deal with the International Monetary Fund, European Commission and World Bank. [ID:nLDE7150EH]

"For 2011 we forecast growth of 1.5-2 percent and of 4-4.5 percent for 2012."

The most recent Reuters poll of analysts foresaw growth of 0.5 percent in 2011 against an IMF forecast of 1.5 percent. (Reporting by Luiza Ilie; Editing by Patrick Graham)

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