At the same time, the IMF raised its estimate about annual average inflation to 8.2% from 7.8% in April.
The current account gap is expected to narrow to 7% this year, from 7.9% in 2025 and the unemployment rate is estimated to climb to 6.5%, from 6.1% last year.
For 2027, the IMF projects 2.2% GDP growth, 4.1% average inflation and 6.7% current account deficit, slightly down from 2026. For unemployment, the Fund estimate an average 5.9% level in 2027.
For the entire Europe, the Fund forecasts 1.4% economic growth in 2026 and 1.6% in 2027.
(English version by Catalina Apostoiu)