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Fiscal Council projects Romania's public deficit at 7.7% of GDP in 2025
The general government budget deficit is likely to reach 7.7% of GDP in 2025 (cash terms), 0.7 percentage points (pp) above the government's target of 7% of GDP, according to projections drafted by the Fiscal Council (CF) in its…
iulian ernst · Journalist
· Updated · 2 min read
The general government budget deficit is likely to reach 7.7% of GDP in 2025 (cash terms), 0.7 percentage points (pp) above the government's target of 7% of GDP, according to projections drafted by the Fiscal Council (CF) in its preliminary opinion on the budget planning endorsed by the executive on February 1.
"The 7% deficit target in 2025 is very ambitious and requires measures on both the expenditure and revenue sides," the Fiscal Council warned.
