Prime Minister Ilie Bolojan announced the approval of the budget by the end of the week. What are the five major challenges that define the budget for 2026?

Prime Minister Ilie Bolojan stated that the budget project will be approved by the Government and sent to Parliament by the end of the week. The budget is built in a difficult economic context and must respond to challenges such as reducing the budget deficit, maintaining investments, and managing high interest costs. Bolojan emphasizes that reducing the budget deficit to 6.2% of GDP is a priority, which requires more responsible spending from the state. Additionally, the prime minister mentioned the importance of maintaining a high level of investments, especially for projects in the National Recovery and Resilience Plan (PNRR), considering that Romania needs to attract significant European funds. The budget project anticipates an increase in the investment budget to over 160 billion lei, representing approximately 8% of GDP. Bolojan also addressed the issue of rising interest costs for public debt, which will reach 60 billion lei by 2026. He also highlighted the need to reduce personnel expenses in the public sector to create budget space for public services and investments.

The budget project will be adopted in Thursday's Government meeting, and on Friday it will be sent to Parliament for debate and final vote.