Economistul-șef al BCR: din deficitul de 6,2% din PIB, jumătate sunt cheltuielile cu dobânzile

Ciprian Dascălu, chief economist at BCR, highlighted that half of Romania's budget deficit of 6.2% of GDP is due to interest expenses. He emphasized the need for a primary budget surplus to stabilize public debt, which has risen significantly since the pandemic. Dascălu noted that reducing the deficit below 3% requires lowering interest costs, which are currently unsustainable. He compared Romania's situation with Croatia, stressing the importance of political stability for fiscal adjustments. Additionally, he pointed out that Romania's tax collection gap could provide substantial revenue if improved, and emphasized the need for credible plans for adopting the euro to anchor interest rates.

Fact-check this story: paste the text or link into Justificat.ro and get a verdict with the sources consulted.