Report
Research Team

Romania govt approves 2018 budget laws, fiscal target is set at 2.96% of GDP

Structural deficit is widening until 2019, despite international warnings
Among major objectives are public investment boost, structural reforms in state enterprises, improving EU funds absorption
GDP growth to slow next year, yet remain mainly driven by domestic demand
Spending restrictions are also planned, yet some economic assumptions seem too optimistic
Expenditures on public sector wages, social assistance rise spectacularly, reach pre-crisis levels as share in GDP
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