Romanian Public Debt Can’t Top 35% Of GDP - IMF Official

Romania can afford a maximum public debt of 35% of the gross domestic product, but such a level can be manageable only if combined with a sustainable development, the country's representative to the International Monetary Fund said Thursday.

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"Romania's public debt is of 29% of GDP (…). The concerns regard the growth rhythm, because the debt has doubled in two and a half years," Mihai Tanasescu told an economic seminar.

He said the authorities should show prudence regarding the public debt and ensure a durable development of the economy.

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