On the path to restoring fiscal balance in Romania

πŸ‘‰ Government expenditures, but especially revenues (as % of GDP), remain well below the EU average – Romania has significant room to improve revenue collection and optimize public spending.
πŸ‘‰ The 2025 government budget relies on revenue growth – A revenue increase of 2.3 percentage points (pp) of GDP is expected, supported by better absorption of EU funds and higher tax revenues.
πŸ‘‰ Controlled expenditures – Spending growth will be limited to 0.7 pp of GDP, achieved by reducing costs for goods, services, and investments from own resources, aiming for a 7% budget deficitΒ by the end of 2025.