• Romania IMF mission chief says estimates 2017 budget deficit will reach 3.7 pct/gdp

Market news

17 March 2017

Romania IMF mission chief says estimates 2017 budget deficit will reach 3.7 pct/gdp

  • Pay inequities in public sector should be addressed

  • Successive tax cuts, wage hikes in excess of productivity and limited investment are threats to romanian economy

  • Sees no room for further tax cuts to preserve flexibility in the budget

  • Gains romania made to strengthen its economy are threatened

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