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BUDGET DEFICIT

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Macroeconomics

Romania Posts Budget Gap Of 6.72% Of GDP In 2021

Romania's general consolidated budget posted a deficit of almost RON80 billion in 2021, or 6.72% of the gross domestic product (GDP), versus 7.1% as projected at the last budget revision in...

Ecaterina Craciun · 28.01.2022 · 19:56 · 1 min
Macroeconomics

Romania Posts Budget Gap Of 4.7% Of GDP In January-November 2021

Romania's general consolidated budget posted a deficit of RON55.98 billion in January-November 2021, or 4.70% of the gross domestic product (GDP), lower than RON84 billion, or 7.94% of GDP,...

Ecaterina Craciun · 27.12.2021 · 14:12 · 1 min
Romania 2022 State Budget Built On Cash Budget Deficit Target Estimated At 5.8% Of GDP
Macroeconomics

Romania 2022 State Budget Built On Cash Budget Deficit Target Estimated At 5.8% Of GDP

Romania’s 2022 state budget was built on a cash budget deficit target estimated at 5.8% of gross domestic product (GDP) and an ESA (European System of Accounts) deficit estimated at 6.2% of...

Ecaterina Craciun · 17.12.2021 · 12:25 · 1 min
Romania Posts Budget Gap Of 4.03% Of GDP In January-October 2021
Macroeconomics

Romania Posts Budget Gap Of 4.03% Of GDP In January-October 2021

Romania's general consolidated budget posted a deficit of RON47.98 billion in January-October 2021, or 4.03% of the gross domestic product (GDP), lower than RON74.04 billion, or 7.01% of GDP...

Ecaterina Craciun · 25.11.2021 · 13:18 · 1 min
Romania Posts Budget Gap Of 3.77% Of GDP In January-September 2021
Macroeconomics

Romania Posts Budget Gap Of 3.77% Of GDP In January-September 2021

Romania's general consolidated budget posted a deficit of RON44.29 billion in January-September 2021, or 3.77% of the gross domestic product, lower than RON67.27 billion, or 6.37% of GDP, in...

Ecaterina Craciun · 26.10.2021 · 11:22 · 1 min
Fitch Ratings: Romania’s Political Crisis Poses Risks To Deficit Reduction
Macroeconomics

Fitch Ratings: Romania’s Political Crisis Poses Risks To Deficit Reduction

International rating agency Fitch has warned the collapse of Romania’s coalition government could disrupt fiscal consolidation efforts, which are key to resolving the Negative Outlook on Rom...

Ecaterina Craciun · 08.09.2021 · 10:39 · 3 min
Romania's Budget Gap Reaches 2.89% Of GDP In January-July 2021
Macroeconomics

Romania's Budget Gap Reaches 2.89% Of GDP In January-July 2021

Romania's general consolidated budget posted a deficit of RON33.97 billion in January-July 2021, or 2.89% of the gross domestic product, lower than RON49.68 billion, or 4.71% of GDP, in the...

Ecaterina Craciun · 26.08.2021 · 17:54 · 1 min
Romania's Budget Gap Reaches 2.96% Of GDP In January-June 2021
Macroeconomics

Romania's Budget Gap Reaches 2.96% Of GDP In January-June 2021

Romania's general consolidated budget posted a deficit of RON33.81 billion in January-June 2021, or 2.96% of the gross domestic product, lower than RON45.17 billion, or 4.28% of GDP, in the...

Ecaterina Craciun · 27.07.2021 · 11:43 · 1 min
Romania's Budget Gap Reaches 2.3% of GDP in January-May
Macroeconomics

Romania's Budget Gap Reaches 2.3% of GDP in January-May

Romania's general consolidated budget posted a deficit of RON26.18 billion in January-May, or 2.29% of the gross domestic product, lower compared with RON38.84 billion, or 3.68% of GDP, in t...

Oana Gavrila · 28.06.2021 · 11:55 · 1 min