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CFA Romania's budget deficit projection at 7.4 pct of GDP this year

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Financial analysts anticipate this year's budget deficit will be 7.4 percent of GDP and the inflation rate over a 12-month time horizon, specifically by February 2022, to be 2.58 percent, Romania's chartered financial analysts association CFA Romania said in a release, according to AGERPRES.

As regards the euro/leu exchange rate, over 88 percent of the survey participants anticipate a depreciation of the national currency in the next 12 months, with the average rate over a 6-month horizon standing at 4.9208 lei for one euro, and at 4.9742 lei for one euro in a 12-month horizon.

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