IMF to improve estimates on Romania’s growth

The new forecast will include strong growth for 2008, but the IMF estimates slower growth for 2009. 

The 8.2 percent growth, exceeding specialist estimates, caused concerns of economic overheating, given the country’s wide current account deficit and higher inflation. 

In April, the international institution was estimating 5.4 percent economic growth for 2008, lower than the 6 percent GDP advance in 2007. For 2009, the growth estimate was 4.7 percent.