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 ...

India is too poor to grow without exporting.
A trade war would bring forward the next financial crisis...
Turkey’s January industrial output rose an annual 12%.
The International Monetary Fund on Thursday revised up its...
Online searches for “bitcoin” fell 82% from December highs.
Suddenly, Bitcoin seems a bit boring. It might be hard to...
Global consumer confidence Primary Index in March has risen to 50.6, tying the record high set in January 2018.
Simmering fears of a global trade war; an embarrassing...
MSS Market in ASEAN Shows 22.3% Growth
The Managed Security Services market in ASEAN continued its...
Nippon Steel seeks a sharper edge in specialty products.
Nippon Steel & Sumitomo Metal will buy Swedish counterpart...
EBRD’s First Lebanon Deal
The European Bank for Reconstruction and Development has made...
Singapore Exports Fall
Singapore’s key non-oil domestic exports unexpectedly declined...

Add new comment

Read our comment policy before posting your viewpoints