BUDGET DEFICIT
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Romania Posts Budget Deficit of 7.05% of GDP in Jan-Oct
Romania's general consolidated budget posted a deficit of RON74.04 billion, or 7.05% of the gross domestic product, in the first ten months of 2020, finance ministry data showed Thursday.
Fiscal Council: Govt’s Revised Scenario Of 4.2% GDP Decline Seems More Optimistic Relative To Economic Evolution, Pandemic
Romania’s Fiscal Council says the macroeconomic scenario revised by the government, which envisages an economic contraction of 4.2% in 2020 and, despite being more adequate than the previous...
Romania Budget Gap Widens to 6.36% of GDP in Jan-Sept
Romania's general consolidated budget posted a deficit of RON67.27 billion, or 6.36% of the gross domestic product, in January-September, finance ministry data showed Tuesday.
Romania's Budget Gap Widens To 5.18% Of GDP In January-August 2020
Romania's general consolidated budget posted a deficit of RON54.77 billion in January-August 2020, or 5.18% of the gross domestic product, more than half of which was due to financial measur...
Central Bank: Budget Deficit Can't Be Adjusted Brutally
Romania's major macroeconomic challenge starting 2021 is adjusting its budget deficit and macroeconomic imbalances as international markets are unlikely to accept large deficits for years to...
Romania Budget Gap Widens to 4.7% in January-July
Romania's general consolidated budget posted a deficit of RON49.68 billion in January-July, or 4.7% of the gross domestic product, finance ministry data showed Wednesday.
Romanian Government Revises 2020 Budget Gap Target to 8.6% from 6.7%
Romania's government has revised its budget deficit target for 2020 to 8.6% of the gross domestic product from a previous projection of 6.7% of GDP, finance minister Florin Citu told a news...
Romania Posts Budget Gap of 4.17% of GDP in 1H/2020
Romania's general consolidated budget posted a deficit of RON45.17 billion in the first half of 2020, or 4.17% of the gross domestic product, finance ministry data showed Tuesday.
Romania's Budget Gap Widens to 3.59% of GDP in Jan-May
Romania's general consolidated budget posted a deficit of RON38.84 billion in January-May, or 3.59% of the gross domestic product, nearly half of which was due to tax facilities and incentiv...