When joining OECD, in first fiscal year, Romania's GDP will increase by at least 7 pp, PM says

Autor: Mirea Andreea

Publicat: 25-07-2024

Actualizat: 25-07-2024

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Sursă foto: Inquam Photos/ Octav Ganea

Romania's accession to the OECD will bring a series of benefits to Romania, the prime minister Marcel Ciolacu said on Wednesday night at the Romania TV private broadcaster, adding that the completion of this approach would lead, after the first fiscal year, to an increase in GDP by "minimum 7 percentage points".

"We have a country project, this country project is called joining the OECD. I assume that Romania wants to join the ranks of developed countries. It is a select club of developed countries called the OECD. I am only giving you an effect of this goal , when we enter the OECD, in the first fiscal year, Romania's GDP will increase by at least 7 percentage points. You will have much cheaper access to capital, the standard of living will increase, and, first of all, the level of investments, not that we are sitting down now," Marcel Ciolacu stressed.

In this context, he was also asked about some statements by the minister of Finance, Marcel Bolos, who advances a series of initiatives regarding fiscal-budgetary policy and reforms in the field.

"We have created an institutional filter until certain proposals are entered into the government," Ciolacu added.

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