The objectives were presented during a meeting between Romanian premier Ilie Bolojan and the representatives of Moody’s international rating agency as part of the periodic assessment of Romania’s macroeconomic and fiscal developments.
As regards economic outlooks, Bolojan pointed out the government will continue its fiscal consolidation and economic growth policies, with a focus on UE fund absorption and supporting public and private investments.
The government also envisages measures in the field of energy to cut costs and bolster company competitiveness, attract foreign investment in the fields where Romania registers a trade gap and boosting the employment of work age population.
The meetings with rating agencies are part of the periodic assessments regarding Romania’s fiscal and macroeconomic profile and are relevant for maintaining the country’s rating and for the state’s borrowing costs on international markets.
(English version by Catalina Apostoiu)