WB: Romania's economy to expand by 5.1pct in 2018; current account deficit to widen to 4.3pct of GDP
Publicat:Romania's economy is projected to continue to grow above potential in 2018, with the country's Gross Domestic Product (GDP) likely to expand by around 5.1 percent in 2018, 4.5 percent in 2019, and 4.1 percent in 2020, and continued growth in consumption expected to widen the current account deficit to 4.3 percent in 2018, 4.7 percent next year and 4.9 percent in 2020, reads World Bank's "Macro Poverty Outlook for Europe and Central Asia" released on Tuesday.
Moreover, the fiscal deficit is projected to reach 3.3 percent of GDP in 2018, and then to decrease to 3 percent of the GDP in 2019…
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