Ionut Dumitru (Raiffeisen Bank), confirmed speaker at BR’s Country Focus Community Forum

Newsroom 28/05/2018 | 10:22

Ionut Dumitru, chief economist of Raiffeisen Bank and president of the Fiscal Council, is a confirmed speaker at the second edition of Country Focus Community Forum, the 2-day event organized by Business Review on June 5-6 in Bucharest.

Dumitru will join the opening panel of the event that focuses on Romania’s strategic role in the European Union and its potential to attract foreign investments in the next years. The panel will also analyze Romania’s outlook from a macroeconomic perspective.

The second Country Focus Community Forum will bring together Romania’s main foreign investment communities and policymakers in a bid to map the country’s future strategic economic development.

Romania’s general consolidated budget, which includes fiscal and social budgets of the government, registered after the first four months of this year a deficit of RON 6.05 billion (EUR 1.3 billion), or 0.65 percent of GDP, compared with a surplus in the same period of 2017, soaring expenses overshadowing strong revenue increase, according to the data of the Ministry of Finance.

As head of the Fiscal Council, Dumitru has made recommendations in the fiscal area and raised awareness regarding risks on the local economy from a tax perspective.