Romania Predicts 4.5% Growth
World Economy

Romania Predicts 4.5% Growth

The Romanian economy could grow by 4.5% in 2017, former minister of finance Anca Dragu said during a debate on the topic of the 2017 budget, Business Review reported. “In 2017 we had a real growth of 4.3% forecast before the wage increase measures and others discussed in the electoral campaign. We didn’t take these into consideration, because they come with a stimulus on the demand side, on consumption. Over the 4.3%, probably we can see 0.2 – 0.3 percentage points. Somewhere around 4.5% is a reasonable figure,” Dragu said. In 2016 the budget deficit was at 2.4% of GDP, below the 2.8% target, he said.

Short URL : https://goo.gl/gfkxXc
  1. https://goo.gl/FhlU5c
  • https://goo.gl/5lcbS4
  • https://goo.gl/oo7I2h
  • https://goo.gl/tYP0f5
  • https://goo.gl/l0I69x

You can also read ...

The expected increase in the squeeze on living standards comes as the weak pound pushes up the cost of imported  fuel, food and raw materials.
All eyes will turn Tuesday to Britain’s consumer price index...
Australia Household Debt Rising
Household debt in Australia has been on the rise as more...
The eurozone economy has enjoyed a surprisingly strong 2017.
Exports of goods from the eurozone jumped in August,...
World Bank says another $500 billion in infrastructure spending is needed over the next five years.
Indonesia is on track to become a trillion-dollar economy and...
Increase in China Factory Price Inflation
China’s factory price inflation rose again in September,...
Japan Factory Output Up
Japan’s industrial production increased less than initially...
Venezuela Needs $30b a Year to Rescue Economy
The International Monetary Fund calculates a potential rescue...
Russia FDI Almost Doubles
The volume of foreign direct investment has almost doubled in...

Add new comment

Read our comment policy before posting your viewpoints

Enter the characters shown in the image.