IMF sees Romania slowing fiscal consolidation from 2028, deficit to remain above 5% of GDP
The International Monetary Fund (IMF) expects Romania to follow its agreed fiscal consolidation path only in the short term, with a likely slowdown starting in the 2028 electoral year and no return to a deficit below 5% of GDP through…
iulian ernst · Journalist
· Updated · 2 min read
The International Monetary Fund (IMF) expects Romania to follow its agreed fiscal consolidation path only in the short term, with a likely slowdown starting in the 2028 electoral year and no return to a deficit below 5% of GDP through 2031, according to the latest World Economic Outlook (WEO) published on April 14.
Under the IMF scenario, Romania’s general government deficit is projected to decline from 7.64% of GDP last year to 6.25% in 2026, broadly in line with the government’s target. Further consolidation is expected in 2027, with the deficit seen at 5.76% of GDP - slightly above the 5.7% target agreed under the EU’s Excessive Deficit Procedure (EDP).
