Romania makes the most ambitious fiscal adjustment in the region, according to an updated report on the economic prospects in Europe [...]
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Romania makes the most ambitious fiscal adjustment in Central and Eastern Europe, according to a report by the World Bank. The budget deficit would fall to 6% GDP next year, while public investment will remain high at about 8% of GDP, estimates the institution. The World Bank anticipates, however, that Romania is the only country in [...]
The World Bank praised the fiscal policy of the Bolojan Government, appreciating that Romania implements "the most ambitious fiscal adjustment in the region in its updated economic outlook report...