Romania Secures IMF Bailout Aid

    The International Monetary Fund will lend USD17.1 billion to counter the capital inflow decrease in Romania due to the global financial crisis. Of the sum, USD6.6 billion will be immediately disbursed to fix Romania's public finances,

    reported.

    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.