{"id":484,"date":"2024-06-12T06:06:14","date_gmt":"2024-06-12T06:06:14","guid":{"rendered":"https:\/\/ofero.news\/?p=484"},"modified":"2024-06-12T06:06:14","modified_gmt":"2024-06-12T06:06:14","slug":"wb-upholds-3-3-growth-forecast-for-romanias-economy","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=484","title":{"rendered":"WB upholds 3.3% growth forecast for Romania&#8217;s economy"},"content":{"rendered":"<p>The Romanian economy will grow 3.3% this year and 3.8% in 2025 and 2026, according to the latest issue of the World Bank&#8217;s &#8220;Global Economic Prospects,&#8221; published on June 11.<\/p>\n<p>The WB&#8217;s forecast for 2024 is roughly in line with the 3.4% official projections used for the budget planning. Romania&#8217;s officials believe, however, that the country&#8217;s economy will accelerate to 4% in 2025 and 4.4% in 2026.<\/p>\n<p>Romania&#8217;s economy advanced by a tiny 0.1% y\/y in Q1 when the robust domestic demand did not manage to stimulate domestic production.\u00a0<\/p>\n<p>According to the latest forecasts of the European Bank for Reconstruction and Development (EBRD), Romania&#8217;s GDP would register an advance of 3.2% this year, similar to that projected in September 2023. Growth would accelerate to 3.4% next year.<\/p>\n<p>On the other hand, the International Monetary Fund (IMF) revised the estimates regarding the growth of the Romanian economy this year, from 3.8%, as estimated in October, to 2.8%, according to the &#8220;World Economic Outlook&#8221; report published in April.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\" rel=\"noopener\">Deanpictures\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>The Romanian economy will grow 3.3% this year and 3.8% in 2025 and 2026, according to the latest issue of the World Bank&#8217;s &#8220;Global Economic Prospects,&#8221; published on June 11. The WB&#8217;s forecast for 2024 is roughly in line with the 3.4% official projections used for the budget planning. Romania&#8217;s officials believe, however, that the [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-484","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/484","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=484"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/484\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}