The International Monetary Fund will free USD1.19 billion for Romania under a 24-month standby arrangement with the European nation. The amount brings total disbursements under the USD17.64 billion program to about USD15.11 billion.

    About the author

    • Ma. Rizza Leonzon

      As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.