The Romanian economy is expected to grow 2.1% this year, compared to a 3.8% growth forecast in June 2024, according to the latest “Global Economic Prospects” report the World Bank published on Thursday.
Additionally, in 2026, Romania’s GDP growth is projected to be 2.6%, down from the 3.8% the World Bank forecast in June.
Growth in Central Europe is expected to recover to 2.8% in 2025 and 3% in 2026, due to robust private demand. However, exports from Central Europe are expected to remain modest due to the slow growth of the Eurozone.
Investment levels, particularly in Poland and Romania, are expected to improve as a result of structural reforms and delayed EU funds. These countries have unlocked 19% and 33% of their allocations from the Recovery and Resilience Facility, with approximately 13% of the targets met and positively evaluated, the report indicates.
Despite the influx of financing provided by the EU, recently announced fiscal consolidation measures have contributed to a significant downward revision of Romania’s economic outlook since June, according to the World Bank.
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Publish date : 2025-01-19 23:45:00
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