The IMF’s Board will most likely discuss the first evaluation report in the second half of September, IMF representative for Romania and Bulgaria Tonny Lybek said.
The second tranche of the EUR12.95 billion stand-by loan will be released shortly upon approval.
Romania has already received the first tranche, worth EUR5 billion, in May, while the second tranche is worth about EUR1.9 billion.
During the first evaluation early August, the IMF and Romania agreed upon a series of measures aimed at cutting public spending and ease up pressure on the Romanian economy.
The IMF has agreed to allow Romania a budget deficit of 7.3% of the gross domestic product in 2009, higher than the 4.6% cap negotiated this spring, due to a deeper-than-expected economic decline.
However, Romania has to cut government costs by 0.8% of the GDP this year and to run a budget deficit below 6% of the GDP in 2010.
Romania’s GDP is seen at 497.3 billion lei (EUR1-RON4.2382) this year, reflecting an economic contraction of 8% to 8.5%.