The International Monetary Fund sees Romania’s economic growth at 1.5% in 2011 and 4.4% in 2012.
In addition, the budget deficit is expected at 3% of the gross domestic product in 2011, Boc said.
Last year, Romania’s budget gap narrowed to 33.3 million lei (EUR7.87 million), or 6.5% of GDP, from 7.2% of GDP a year earlier. For 2011, the government targets a deficit of RON24 billion, or 4.4% of GDP. (EUR1=RON4.2272)