Romanian government approves 2026 budget plan with 6.2% of GDP deficit

The Romanian government approved on March 12 the draft budget plan for 2026, the document to be sent to Parliament for debate and adoption, announced prime minister Ilie Bolojan in a press conference. The government also approved the increase in the minimum statutory wage as of July – a request made by the Social Democratic Party (PSD) and perhaps a concession made by PM Bolojan for having the budget plan endorsed.

In the Economic and Social Committee (CES), the business community’s representatives issued a positive review of the government’s budget plan, while the unions and civic society gave a negative review. The employers’ association noted that the budget for compensation owed to energy suppliers under the price capping mechanism may be underestimated.