“Romania could be affected on the demand side, or supply, or production. Either way, we can respond, we have tools, monetary and fiscal policy. We have the necessary resources and tools to respond at any time and alleviate potential negative effects should they arise,” said Citu.
He added Romania shouldn’t have trouble with financing for the full year and assured the state budget was built on conservative estimates and considering negative scenarios.
“We were cautious when we built the budget, which has a major investment component. At the same time, we pre-financed public debt to be prepared for such moments,” he said.