Romania’s economy rebounded at 5.9 percent in 2021, despite supply disruptions, a significant pick-up in inflation and the effects of the pandemic. The economy is projected to modestly expand in 2022, although recession risks resulting from the Ukraine crisis are high. Despite some consolidation measures, the fiscal deficit will remain elevated in 2022, at around 6.6 percent of GDP. Poverty is anticipated to slightly decline to 10.1 percent in 2022. This Macro Poverty Outlook presents GDP, debt and fiscal forecasts and examines the implications for critical economic and social concepts such as growth, poverty reduction and macroeconomic stability.
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Citation
World Bank
Macro Poverty Outlook for Romania : April 2022 (English). Macro Poverty Outlook (MPO) Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/099044204222234290/IDU0af11e9460e0970420309811022ad13984eca