Romania close to passing 2026 budget amid uncertain macroeconomic outlook

The ruling coalition, after its meeting on March 9, agreed that the Romanian Finance Ministry will publish the 2026 budget plan on March 10 and the government will approve the final draft during the week so that the Parliament can begin debates next week, according to Agerpres. The key elements of the budget were already disclosed, but the macroeconomic assumptions are currently subject to major uncertainty generated by the Middle East conflict and its impacts.

A gloomier global macroeconomic scenario weighs significantly on the country’s already problematic budget construction.While higher inflation would not put at risk the budget target, weaker than expected consumption and slower economic growth are negative to the fiscal consolidation expected this year. So is the higher borrowing cost Romania would have to pay amid investors' higher risk aversion.