Revenue, too, increased by 16% to RON132 billion, not enough to curb the budget deficit.
Under the circumstances, the gap between revenue and expenditure was RON36 billion.
If the trend continues like this, the budget deficit should reach RON144 billion at the end of 2024 or 8.3% of the Gross Domestic Product, much higher than the government target of 5% of the GDP.
(English version by Loredana Fratila-Cristescu)