Page 5 - Economic Outlook Romania 2019
P. 5
Summary
1. External backdrop: all good things come to an end
2. Domestic context
2.1. Economic growth outlook: slower for longer
2.2. Fiscal outlook: extend and pretend
2.3. Monetary policy: there is no free lunch
3. Forecasts*
*the only function of economic forecasting is to make astrology look respectable (John Kenneth Galbraith)
5
