OECD urges Romania to reduce deficit, enact reforms in new pre-accession report
The Organization for Economic Cooperation and Development (OECD) released a report regarding Romania and its path to becoming a member on Monday, March 16, in an event attended by the organization's secretary general, Mathias Cormann, and…
Radu Dumitrescu · Journalist
· Updated · 5 min read
The Organization for Economic Cooperation and Development (OECD) released a report regarding Romania and its path to becoming a member on Monday, March 16, in an event attended by the organization's secretary general, Mathias Cormann, and prime minister Ilie Bolojan, among other officials.
The report underscores the need to improve the long-term sustainability of Romania’s public finances. It argues that the government should increase the efficiency of public spending, broaden the tax base, and improve tax compliance.
