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FinMin Nazare: IMF projections confirm gov't starting from correct budgetary premises, on right track

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The projections published on Tuesday by the International Monetary Fund confirms that the Romanian government has started from correct budgetary premises and that Romania is on the right track, but caution is still needed, especially regarding government outlays, according to Finance Minister Alexandru Nazare.

"The International Monetary Fund has upgraded its growth projections for the Romanian economy in 2021 to 6%, against a projected European average of 4.5%. 2020, the IMF estimated a 4.6% increase for 2021. We have built the budget on an estimate of economic growth of…

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