Prime Minister Bolojan, meeting with representatives of the Moody's rating agency: “The absorption of European funds and the support of investments remain a priority”
Prime Minister Ilie Bolojan met, on Thursday, with the representatives of the Moody's international rating agency, in the context of the periodical evaluation process of Romania's macro-economic and fiscal developments.
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The meeting was attended by the Minister of Finance, Alexandru Nazare, and the general director of the State Treasury, Ștefan Nanu, informed the Government in a press release.
According to the quoted source, during the meeting, the prime minister pointed out the government's measures regarding the control of public spending, maintaining the trajectory of reducing the budget deficit and improving collection.
“The draft budget for 2026 has as its objective a target of 6.2% of the budget deficit at the end of the year, under the conditions of maintaining the high level of investments, considering the fact that by August 31, 2026, Romania will close the projects financed by the National Recovery and Resilience Plan”the release states.
Regarding the economic prospects, Prime Minister Bolojan stated that the Government will focus on the processes of economic consolidation and growth.
“The absorption of European funds and the support of investments remain a priority. Also, the Government will focus on the field of energy both to determine the decrease in the price of this resource and to improve the competitiveness of companies. Another objective is related to the attraction of foreign investments, especially in sectors where Romania has a trade deficit. Regarding the labor market, measures are being taken to increase the employment rate of the active population and to adapt higher education to economic realities”the statement also states.
The Head of the Executive emphasized the importance of stability and predictable policies, both from an economic perspective and from that of regaining citizens' trust in the Romanian state.
Also, the Minister of Finance, Alexandru Nazare, mentioned the progress made for the digitalization of the tax administration, which will lead to the improvement of collection, as well as the economic stimulation measures that the Government will promote.
“If we maintain the measures established to control public spending and work in the directions of consolidation and economic growth, which we will do because we have a responsible government approach, we will continue the trend of decreasing the budget deficit, as Romania has engaged in the dialogue with the European Commission and as it is healthy for our country's economy”said Prime Minister Ilie Bolojan.
