EBRD Revises Up Romania’s 2017 GDP Growth Forecast To 4%

The European Bank for Reconstruction and Development (EBRD) has raised by 0.3% its economic growth forecast for Romania, to 4% for 2017, according to EBRD’s latest Regional Economic Prospects report released on Wednesday.

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In November 2016, the EBRD projected an economic growth of 3.7% for 2017. The bank also expects Romania’s economy to grow 3.5% in 2018.

In its latest report on the World Economic Outlook, the International Monetary Fund (IMF) estimated Romania’s economy will increase by 4.2% in 2017 and by 3.4% in 2018.

The IMF forecasted an economic growth of 2.0%, on a European level, for 2017 and 2018.

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