Romania: Raiffeisen Bank RO sees twin deficit issues but robust growth for (...)

June 24, 2022

Raiffeisen Bank RO sees twin deficit issues but robust growth for 2022
Jun 24, 2022

Raiffeisen Bank RO sees twin deficit issues but robust growth for 2022.

With the trade deficit at 12%-13% of GDP and a current account (CA) gap of rather 8% of GDP (from 7% of GDP last year) on the external balance side and the budget deficit at 5.8% of GDP (with a little help from the sharply rising nominal GDP), the twin deficit problem remains acute for Romania, (...)

[Read the article in Romania Business Insider]

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