The deficit is predicted at RON17.1 billion.
The authorities estimate revenues from the value added tax will reach RON49.6 billion in 2012, up from roughly RON47 billion envisaged this year, while revenues from excises are slated to rise to RON20 billion, from RON18.7 billion in 2011.
Personnel spending are seen roughly unchanged on the year at RON16.4 billion.
Romania’s gross domestic product is estimated at RON575 billion in 2012, up from RON548 billion this year. The consolidated budget is predicted to post an imbalance of up to 2.1% of GDP, compared with a gap of 4.4% of GDP in 2011.