Romania, March 31 -- The World Bank's Board of Executive Directors today approved a Development Policy Loan (DPL) to support the Government of Romania's efforts to restore fiscal sustainability, enable private sector-led growth and foster job creation. This financing will help Romanians see new opportunities emerge, from more accessible finance for small businesses to cleaner, more competitive industries and efficient energy.The US$650 million (equivalent to EUR 544 million) loan comes at a critical moment for Romania's economy. In 2024, fiscal and current account deficits as a share of GDP were the widest in the EU. The government has responded with a robust reform program to put its public finances on a sustainable footing while laying th...