On the medium-term, for 2013-2015, the macroeconomic framework proposed by the convergence program is based on estimates of GDP growth of 3.1-3.9%, around one point above the potential, as a result of the contribution of investments and European funds.

Government spokesman Dan Suciu said domestic demand will be the main driver of economic growth this year.

The inflation rate should reach 3.5% by the end of the year, within the central bank’s target interval.

The Government plans to keep curbing the budget deficit; the targets are 2.3% of the GDP in 2012, 1.5% in 2013, 1.2% in 2014 and 0.9% in 2015, according to ESA.

The program also provides improved investment policies, the continued reduction and prevention of arrears and better corporate governance.