The country’s current budget gap target is 8.6%.
The government is also revising its economic contraction estimates to 4.2% of GDP from a previous projection of 3.8%.
The minister added next year’s sate budget would be built on a deficit target of 7% or less.
Romania’s consolidated budget recorded a deficit of 6.36% of gross domestic product in the period January-September.
The latest European Commission forecast sees Romania’s 2020 budget gap at 10.3%, while the European Bank for Reconstruction and Development sees is at 9.2%.