The International Monetary Fund (IMF) has revised downwards its estimates for the growth of the Romanian economy in 2024, from 3.8% estimated in October to 2.8%, according to the latest "World Economic Outlook" report, published on Tuesday by the international financial institution.According to new IMF forecasts, after growing by 2.1% in 2023, the economy will grow by 2.8% in 2024 and accelerate to 3.6% in 2025. In October, the IMF estimated a 3.8% advance of Romania's GDP in 2024.The IMF is expecting inflation in Romania to increase by 6% in 2024 and by 4% in 2025. In October, the IMF forecast average annual inflation growth of 5.8% in 2024.The IMF is also expecting Romania's current account deficit to remain at 7.1% of GDP in 2024, similar to its October 2023 forecasts. In 2025, the inflation should slightly decrease to 6.8% of GDP.As far as unemployment is concerned, the IMF estimates it at 5.6% in 2024, similar to that of 2023, and 5.4% in 2025.The forecast was published at an annual meeting of the International Monetary Fund (IMF) and the World Bank (WB), which take place from April 15 to 20 in Washington.
The interim mayor of the capital, Stelian Bujduveanu, believes that the regulation on the use of electric scooters could be adopted by the end of the year. He told Radio Romania Actualități that he does not support banning them, but rather regulating their use, news agency Agerpres...
The leading opposition party in Romania, the Alliance for the Union of Romanians (AUR), filed a simple motion against the minister of environment, Diana Buzoianu (Save Romania Union, USR), accusing her of blocking the development of several hydropower projects, initiated during the communist regime and reconsidered by Hidroelectrica these days. Minister Buzoianu claimed that the […]
Just over half of Romanians (50.9%) would be willing to give their vote to a newly founded party in the upcoming elections, according to the Informat.ro - INSCOP Research Barometer, 3rd edition, conducted between September 1 and 9. The ratio rose from under 30% ten years ago, in 2015. At the same time, 55% of […]
President Nicușor Dan has convened a meeting of the Supreme Council of National Defence (CSAT) for Thursday, September 25, to address the response to the intrusion of foreign drones in the national airspace, namely the objectives needing protection and the chain of command for shooting down such targets, according to a Presidency's press release. Romania […]
Norofert (BVB: NRF), a producer of organic inputs and supplier of biotechnology for agriculture, recorded a turnover of RON 19 million in the first half of 2025, a slight decrease compared to last year. However, its profit rose by 68% y/y to RON 3.2 million (EUR 0.6 million). The company improved its profitability after three difficult […]
DN Agrar (BVB: DN), the largest producer of cow's milk in Europe, which owns five farms and a herd of 16,000 cattle in Romania, is preparing for the transfer from the secondary AeRO market to the main market of the Bucharest Stock Exchange, a process that could take place either in the fourth quarter of […]
