BUDGET GAP
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UniCredit: Romania Budget Deficit Likely To Exceed 8% of GDP in 2025, above 7% Target
Romania budgetary gap is expected to be above 8% of GDP in 2025, higher than the official 7% target, although the government is preparing two additional extensive reform packages, targeting mainly the spending cuts and a higher efficiency in the public adminis...
Romania’s Fiscal Council: Budget Gap Likely to Top 7% of GDP in 2024
The first half of 2024 brought a series of moves with a negative impact over the budgetary execution and, amid the lack of fiscal-budgetary consolidation moves, the gap is likely to go beyon...
Romania Posts Budget Deficit Of RON458M, Or 0.04% Of GDP, In Jan 2020
Romania's general consolidated budget posted a deficit of RON458 million, or 0.04% of the gross domestic product, in January 2020, with total revenues amounting to RON27.5 billion and total...
Romania's Budget Gap Widens to 3.56% of GDP in Jan-Nov
Romania's general consolidated budget posted a deficit of RON37.05 billion, or 3.56% of the gross domestic product, finance ministry data showed Monday.
Slow Economic Activity, EU Funding Freeze Widen Romania’s 2012 Budget Gap
The freeze on EU funding and the sluggish economic activity widened Romania’s budget gap in 2012, causing the country to miss its budget deficit target agreed with the International Monetary...
Romania’s July Budget Gap Stays At RON11.4B, 2.09% Of The GDP
Romania’s consolidated budget posted a deficit of 11.4 billion lei (EUR2.68 billion) in July, equal to 2.09% of the gross domestic product, roughly the same as in June, Finance Ministry data...