The budget deficit of Romania increased to 103 billion lei in 2025, despite the fiscal measures of the Bolojan Government, raising economic concerns.

In the first nine months of 2025, Romania's budget deficit reached 103 billion lei, a 7% increase compared to the same period in 2024. State expenditures exceeded revenues by 570 billion lei spent compared to 467 billion lei collected. The fiscal measures adopted by the Bolojan Government have failed to stabilize the situation, and the deficit remains at 9.3% of GDP, with no prospects for improvement. This situation leads to an increase in public debt, which is covered by loans, thus affecting citizens through higher taxes. Economists warn that the large deficit will reduce public investments and amplify pressure on inflation and the exchange rate. Romania is under excessive deficit procedure from the European Commission, which demands firm measures to reduce the fiscal imbalance. The government promises new measures after the publication of the budget execution, but analysts emphasize that the room for maneuver is limited, and any potential tax increase could generate social tensions.