GDP in 2019 exceeds 1,000 billion lei for the first time in history

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By Andra Beltz
The state budget for 2019 exceeds for the first time 1,000 billion lei, the Gross Domestic Product is estimated at 1.022 billion lei, and next year will be one of the investments, says Finance Minister Eugen Teodorovici.
‘We’re making history. We have about 1.022 billion estimated GDP next year. There must be a well-debated budget to show where the money comes, where they go, especially on the investment area. We rely on economic growth of 5.5%. We want to go on a much lower deficit than in 2018. It is an obligation we are assuming towards the European Commission towards the international structures, “said Finance Minister Tuesday.
‘Year 2019 must be a year of investment. The budget has to be put to the vote in the Parliament after it is very well discussed, on each chapter, by the institutions, by the main creditors. Make it very clear that it is investment-oriented. On the one hand, we should honor the investments made on the area of the population’s incomes, ie pensions, and wages, but in parallel the investment share. It was said that if Romania is to build a motorway, Portugal goes beyond the GDP. So it is very important for us to invest as a country. We’ve had some talks on the big transport infrastructure area, so we know clearly what we’re doing next year, and the world understands exactly what is the status of each project and can account for what we say very clearly on each section of highway, expressway, railroad or anything else, “Eugen Teodorovici said.

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