BUDGET DEFICIT
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World Bank Sees Romania's Economic Growth at 5.1% in 2018, Deficit at 3.3%
Romania's economy is projected to continue to grow above potential in 2018 with GDP likely to expand by around 5.1%, driven by the fiscal stimulus, but in the absence of corrective measures,...
UniCredit: Government May Try To Keep Budget Deficit Under Control By Cutting Investments, Hiking Taxes
Romania’s economic growth could moderate at 4.4% in 2018, compared with 6.9% in 2017, and at 3.6% in 2019, as the Finance Ministry could apply a tighter fiscal policy, attempting to keep the...
IMF Mission Head For Romania Voices Concern Over Keeping Budget Deficit Below 3% Threshold
Jaewoo Lee, the chief of the International Monetary Fund (IMF) mission for Romania, on Friday voiced out his concern about Romania being able to fall within the budget deficit target for 201...
Eurostat: Romania Posts Highest Budget Deficit In The EU, Of 4.1% Of GDP, In 2Q/2017
Romania registered the highest budget deficit in the European Union, in the second quarter of 2017, of 4.1% of the gross domestic product (GDP), being followed by the United Kingdom, with a...
Romania Ruling Coalition Vies to Keep 2018 Deficit Below 3% Limit
Romania's ruling coalition plans to keep the country's budget deficit below the EU-imposed limit of 3% in 2018, a senior official said after coalition leaders met Wednesday to discuss the 20...
Fitch Sees Romania’s GDP Growth At 5.1% And Budget Deficit At 3.7% In 2017
American rating agency Fitch forecasts, in its latest assessment of Romania’s sovereign debt, that Romania’s budget deficit will widen to 3.7% of GDP in 2017, above the government’s target o...
IMF Warns Romania Budget Deficit Could Reach 3.7% of GDP in 2017
The International Monetary Fund warned Thursday Romania's budget deficit will reach 3.7% of gross domestic product in 2017 and 3.9% of GDP in 2018 and measures are needed to reduce it.
IMF Sees Romania’s Budget Deficit At 3.7% Of GDP In 2017
The International Monetary Fund (IMF) mission chief for Romania, Reza Baqir, on Friday said Romania’s budget deficit is expected to reach 3.7% of the gross domestic product in 2017, and 3.9%...
Romania Posts Budget Deficit Of 0.2% Of GDP In January-July
Romania's general consolidated budget posted a deficit of RON1.74 billion in January-July, or 0.2% of the gross domestic product, finance ministry data showed Thursday.