WB upholds 3.3% growth forecast for Romania's economy
<p>The Romanian economy will grow 3.3% this year and 3.8% in 2025 and 2026, according to the latest issue of the World Bank's "Global Economic Prospects," published on June 11.</p>

<p>The WB's forecast for 2024 is roughly in line with the 3.4% official projections used for the budget planning. Romania's officials believe, however, that the country's economy will accelerate to 4% in 2025 and 4.4% in 2026.</p>

<p>Romania's economy advanced by a tiny 0.1% y/y in Q1 when the robust domestic demand did not manage to stimulate domestic production.&nbsp;</p>

<p>According to the latest forecasts of the European Bank for Reconstruction and Development (EBRD), Romania's GDP would register an advance of 3.2% this year, similar to that projected in September 2023. Growth would accelerate to 3.4% next year.</p>

<p>On the other hand, the International Monetary Fund (IMF) revised the estimates regarding the growth of the Romanian economy this year, from 3.8%, as estimated in October, to 2.8%, according to the "World Economic Outlook" report published in April.</p>

<p><em>iulian@romania-insider.com</em></p>

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