dgp

Romania’s next year draft budget, discussed with the International Monetary Fund, stipulates a 1.5-2% economic growth and a budget deficit of 4.4% of the gross domestic product, Finance Minister Sebastian Vladescu said Monday.

The European Bank for Reconstruction and Development Thursday revised its forecast for Romanian economy to minus 3% in 2010, from zero growth previously, citing disappointing first-quarter figures and government-imposed austerity measures which are expected to add to consumption decline.