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5.4

Romania's budget deficit narrows to 2.34% of GDP, hitting full-year target early

Romania's January-July budget deficit improved by 1.65 percentage points year-on-year to 2.34% of GDP, already matching the full-year fiscal consolidation target. Sustaining this pace into next year hinges on continued expenditure controls and political commitment, which remains uncertain ahead of elections.

bne IntelliNewsabout 19 hours agoROengCredibility 58%View source

Score Breakdown

Mosaic Score5.4
Confidence0.7
Significance0.5
Source credibility0.6

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Bucharest

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organization
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