The draft Convergence Program 2011-2014, drawn up by the Government, sets in the medium-term, namely over 2012-2014, the pace of the economic growth to speed up and to range between 4.0 - 4.7 percent, as to recoup the drops of 2009-2010 due to the economic-financial crisis and to ensure Romania catches up with the other developed EU member states from this viewpoint.

The scenario relies on the economy sectors' activity to improve, especially regarding the industrial sectors with a high export potential, as well as in the construction sector that might turn to good account the necessary infrastructure existing in all domains.

The domestic demand will be the engine of this evolution, with growth paces for the gross fixed capital to form exceeding 5.8 percent up to 8.5 percent in 2014. While the private consumption expenditure will rise at paces of about 4 percent, given the increase of available incomes and the confidence in the economic environment, the government expenditure will start to record an upward trend after two years of decline in order to still assure the reduction of their rate in the Gross Domestic Product (GDP) and to boost the efficiency of public spending.

The exports and imports of goods and services will record high levels, by registering increases of over 10 percent (in real terms). The net export will make a negative contribution to the real increase of the GDP over this period. Over 2012-2014 annual average increases in goods exports are estimated to stand at 13.6 percent and regarding the imports, these will amount to 11.6 percent.

For the above-mentioned period, the tendency towards a lower inflation will continue both regarding the annual inflation and the annual average. Thus, the inflation rate is to plunge down to 2.5 percent by 2014, with an annual average of 2.8 percent.

According to the national accounts, the working population will rise over 2012-2014, based especially on the increase in the number of employees.

Over 2011-2014, the foreign investments are set to surge from 3.6 billion euros up to 5.8 billion euros, respectively from 2.8 percent to 3.3 percent out of the GDP.