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Tag Archives: GDP

External debt: Romania to pay RON 10bn for interests and commissions in 2018

Romania is to pay RON 10 billion in 2018 for interests and commissions to the external debt, the projection on governmental public debt service conducted by the Finance Ministry reveals. The statistic was available in the last month of 2017 ...

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0,21pc of GDP budget surplus in January

The consolidated state budget deficit has registered a surplus of RON 1.98 billion, i.e. 0.21% of GDP, in January 2018, given that the state budget revenues were by 16.8% higher than in January 2017, whereas the expenditures were by 26.4% ...

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AmCham Romania: Implementing the investment plan must be the priority of the state-budget execution for 2018

In AmCham Romania’s vision, in 2018, the most relevant economic performance indicator should be the implementation of the investment plan, in order to transfer the economic growth into wellbeing, modern infrastructure, performing administration and qualitative public services for all, a ...

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FIC sends open letter to Dancila Gov’t to assume large infrastructure projects

The Foreign Investors Council (FIC) asks the Dancila Government, in an open letter, to assume the infrastructure projects by creating a single project unit that works at the Government level as an inter-ministerial body. “The importance of quality infrastructure for ...

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Fitch says Romania’s loose fiscal policy to continue under new PM, warns on growing imbalances

Romania’s expansionary fiscal policy looks set to continue following last month’s change of prime minister and this will increase macro-economic imbalances, Fitch Ratings says. A sizeable structural budget deficit leaves the public finances more vulnerable to shocks. Parliament approved Viorica ...

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The state budget – Romania’s main macroeconomic risk in 2018, OTP Asset Management analysis reads

The state budget will be the main macroeconomic risk for Romania in 2018, although the public debt is still low, an analysis conducted by OTP Asses Management reads. “Given the Government’s increasing need for funding and the pro-cyclical fiscal policy ...

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