economedia.ro/alexandru-nazare-romania-trebuie-sa-

Romania aims for a budget deficit of 5% of GDP by 2027, but a specific target is yet to be set. Finance Minister Alexandru Nazare stated that discussions on the target will occur after budget data is prepared for next year. He emphasized the importance of credible discussions based on accurate data. The budget projection will rely on inputs from various ministries, which will be integrated and presented to the government for transparent decision-making. Nazare clarified that recent revenue adjustments did not affect tax revenues but were related to unexecuted European-funded projects. Overall, tax revenue targets have been met despite economic challenges.