Romania’s government expects 2026 budget plan by mid-February

Romania’s government plans to publish and approve the draft public budget for 2026 by mid-February, with parliamentary debate and a final vote scheduled for the second half of the month, minister of finance Alexandru Nazare said in a Facebook post on January 19. He noted that the agreed calendar reflects a shared understanding within the coalition regarding the need for predictability in fiscal policymaking.

Romania envisages a budget deficit of 6.0%-6.5% of GDP this year, from a gap estimated at 7.76% of GDP last year and 8.65% of GDP in 2024. Romania is under the Excessive Deficit Procedure (EDP) and plans to bring the deficit under 3% of GDP by 2031.