Prime Minister Ilie Bolojan estimates that the budget deficit will remain above 8% in 2025, with a target of 6% in 2026, through attracting investments and increasing the retirement age.
Delia Niculescu
Economy
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Prime Minister Ilie Bolojan stated that the budget deficit cannot be reduced below 8% of GDP in 2023, with a target of 6% for 2026. He emphasizes the importance of attracting investments and increasing the number of employees, suggesting raising the retirement age and reducing the unemployment period. Bolojan highlighted the need for strict fiscal discipline and encouraging the agri-food industry to balance the trade deficit. He also mentioned that Romania needs to attract more foreign investments to support technological development.
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