Romania achieves 49% of planned financing for 2026 at mid-year

At the halfway point of the year, Romania has successfully secured 49% of its planned financing for 2026. This achievement reflects a steady progress, as the country does not require prefinancing like in previous years.

The interim Finance Minister, Alexandru Nazare, highlighted that the financing remains on track, supported by a balanced rhythm of borrowing. The execution of the state financing plan is achieved at 49% by mid-calendar year, with domestic market fulfillment reaching 58% and external market fulfillment at 35%.

In June, the Ministry of Finance attracted 58.6 billion lei through the issuance of government bonds on the domestic market. Notably, investor demand exceeded the amounts offered by approximately 70%, indicating strong confidence in Romania's financial plans.

The budget deficit has also seen a significant reduction, now standing at 1.75% of GDP compared to 3.35% during the same period last year. This represents a decrease of 28.3 billion lei, showcasing effective fiscal management.

To maintain this positive trajectory, the Ministry of Finance is engaged in ongoing dialogue with international rating agencies, with crucial meetings scheduled to begin next week. It is essential for Romania to uphold its credit rating to ensure that financing remains on a steady path.