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Romania's gross domestic product will rise by around 7 billion euros to about 62 billion euros ($75.52 billion) next year, Finance Minister Mihai Tanasescu said on Sunday.
Tanasescu, cited by state radio, also said the European Union candidate's GDP is forecast to grow by more than 5 percent annually until 2008, a year after the Balkan country hopes to join the bloc.
A ministry spokesman confirmed the report. In July, Tanasescu announced the 2005 growth estimate at 5.2 percent, taking into account inflation. He said the country's inflation is forecast to fall to between 6 and 7 percent from this year's 9 percent target. Year-on-year inflation was 12.4 percent in August.
On Sunday, the spokesman declined to say whether the 5.2 percent growth forecast for 2005 had been revised.

Copyright Reuters, 2004

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