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Fitch Sees Romania’s GDP Growth At 5.1% And Budget Deficit At 3.7% In 2017
07.17.2017
American rating agency Fitch forecasts, in its latest assessment of Romania’s sovereign debt, that Romania’s budget deficit will widen to 3.7% of GDP in 2017, above the government’s target of 2.9% owing to further cuts in VAT and excise rates, and increases in public wage, pensions and other measures.
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