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

Interim Finance Minister Alexandru Nazare emphasized Romania's budget execution and fiscal consolidation in discussions with S&P regarding the sovereign rating review. He highlighted the importance of maintaining an investment-grade rating, which is crucial for financing conditions and investor confidence. Nazare acknowledged current challenges, including political uncertainties and external pressures, while outlining a strategy focused on expenditure discipline and prioritizing investments. He stressed the need for continued fiscal consolidation and effective use of European funds to support economic growth. The S&P evaluation report is anticipated on October 2.