Romania Freezes Public Sector Wages to Cut Budget Deficit to 7% in 2021

02.12.2021 By Oana Gavrila

Romania's 2021 state budget bill targets a budget gap of around RON80 billion, around 7% of the country's gross domestic product, down from a deficit of 9.8% in 2020, based on a GDP growth projection of 4.3%.

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Keywords:
2021 BUDGET DRAFT
, DEFICIT TARGET
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