Budget execution and continuity of fiscal consolidation: Romania's key arguments in S&P assessment (Nazare)

Romania's interim Finance Minister Alexandru Nazare emphasized budget execution and fiscal consolidation in discussions with S&P regarding the country's sovereign rating. He highlighted recent improvements in public finances and the importance of maintaining an investment-grade rating. Nazare acknowledged current challenges, including political uncertainties and financing pressures, while outlining a strategy focused on expenditure discipline and prioritizing investments. He stressed that Romania must continue its fiscal progress without loosening policies prematurely. The S&P evaluation report is anticipated on October 2.