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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
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18 September 2025, 20:30
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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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Ilie Bolojan: „Nu vom putea coborî deficitul sub 8%”. Ce spune despre durata ajutorului de șomaj
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Ilie Bolojan: Deficitul bugetar nu va scădea sub 8% în acest an. Când va ajunge la 6% din PIB
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Bolojan, cu ochii pe deficitul din 2026

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NEWS ON THE SAME TOPICS

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Ilie Bolojan argues that Romania urgently needs a government to continue reforms and keep spending under control
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Ilie Bolojan calls for continued reforms and deficit reduction to maintain Romania’s credibility among investors
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Ilie Bolojan announces a nearly RON 27 billion reduction in the deficit and the maintenance of Romania’s credit rating
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Prime Minister Bolojan rejects the increase in public sector salaries through taxes on the private sector.
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Ilie Bolojan says that the “decrease in inflation” is the result of the “efforts made by the entire society”
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Ilie Bolojan warns that political deadlock could drive up interest rates, hurt Romania’s credit rating and delay the budget revision
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Ilie Bolojan budget deficit investments growth retirement age

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