Speaking at a press call in Bucharest, Szekely said Romanian government targets a cash deficit of 1.9%-2.1% of the gross domestic product in 2012, from a gap of 4% estimated this year.
Under ESA95 calculations, the 2012 budget deficit will be below 3% of GDP, he added.
Joint teams from the European Commission, the International Monetary Fund and the World Bank visited Romania between October 25 and November 7 to review the country’s progress under a EUR5.4 billion loan agreement.