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Romania's economy could grow this year between 3% and 4,5%

  • The most optimistic scenario will be all the more achievable the higher the vaccination rate

Romania's economy could register an increase of between 3% and 4,5% this year, and the most optimistic scenario will be all the more achievable the higher the vaccination rate will be, said the president of the Fiscal Council, Daniel Daianu, in an interview given to the National Press Agency AGERPRES.

The President of the Fiscal Council claims that the 7% budget deficit target set by the Government for this year is very ambitious, given that 2020 ended with a deficit of 9,79% of GDP in cash, and a 3% reduction of of the deficit in a single year is very difficult to achieve, "especially since the epidemic is still haunting".

Daianu also states that tax increases are not desirable when the economy is still fragile, but maintains his personal statement that Romania would need a solidarity tax, even if temporary, to help the effort to fight the epidemic and support the economy , to maintain jobs.

 

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