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30 years of partnership between the World Bank Group and Romania

· Mugur Isărescu, Governor of the National Bank of Romania (Romania)

Summary written by Dark Majestic in its own words · topics: climate, energy and nature, development and emerging economies

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· Mugur Isărescu Wiki · National Bank of Romania Wiki30 years of partnership between the World Bank Group and Romania

ContextSpeech at the event marking 30 years of partnership between the World Bank Group and Romania; the National Bank of Romania keeps prices stable and supports the economy's convergence.

Why it mattersIsărescu reviews three decades of reforms with multilateral support.

Problems raised
  1. Romania's development relied on international partners.
  2. Reforms were needed after communism.
  3. Economic transition was difficult.
Solutions proposed
  1. Celebrate 30 years of World Bank partnership.
  2. Continue cooperation with international institutions.
  3. Pursue reforms.
Read full speech on bis.org ↗

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