28.8 C
Bucharest
May 17, 2022
BUSINESS COMPANIES ECONOMY FINANCE&BANKING

World Bank: Romanian economy is expected to advance 4.3% in 2022

The Romanian economy is expected to advance 4.3% in 2022 as against a 4.5% forecast in June 2021, according to the World Bank’s Global Economic Prospects published on Wednesday.

For 2023, the World Bank forecasts a 3.8% expansion of Romania’s Gross Domestic Product (GDP), down from a 3.9% forecast in June 2021, putting the 2021 economic growth of Romania at an estimated 6.3%.

In the Europe and Central Asia region, which includes Romania, the World Bank forecasts a 3% economic growth in 2022 and 2.9% in 2023, while the world economy is expected to advance 4.1% in 2022 and 3.2% in 2023.

Related posts

45 road transport projects financed with European funds

Nine O' Clock

Alevia estimates an increase in turnover of up to 10% in 2018

Nine O' Clock

Cosmopolis has a new CEO. Ozan Tuncer takes over the management of the largest residential complex in Romania

NINE O'CLOCK