Legislative instability in Romania has generated an unpredictable fiscal environment, affecting the business sector’s ability to make sustainable and compliant decisions. The study examines the Romanian fiscal framework over the period 2020–2024, adopting a descriptive-analytical and documentary approach, combined with the analysis of key macroeconomic indicators. The construction, tourism, and cross-border operations sectors are examined as vulnerable areas, particularly exposed to fiscal policy volatility. The findings highlight the adverse effects of fiscal instability on investment decisions, employment dynamics, and tax compliance. The conclusions support the need to strengthen legislative predictability and to use empirical evidence in designing balanced, transparent, and economically grounded fiscal policies in Romania.
Litvinchevici et al. (Fri,) studied this question.