He said the 2014 draft budget envisages a budget deficit of 2.2% of the gross domestic product, narrower from a gap of 2.5% of GDP expected in 2013.
People familiar with the discussions told Mediafax earlier Monday that the initial projections indicated an economic growth of 2.1% in 2014, while the budget deficit was seen at 2% of GDP.
Joint teams from the IMF and the European Commission arrived in Bucharest on October 22 for the first review of Romania’s progress under a EUR4 billion loan program approved earlier this year.