At the end of March, the country ran a budget deficit of RON3.4 billion, or 0.56% of GDP.

Total revenue to the consolidated budget rose 7.4% on the year to RON62 billion in the January-April period, while overall expenditure was up 7.9% in nominal terms to RON67.3 billion.

Romania wants to reduce its budget gap to below 3% of GDP in 2012, from around 4.4% of GDP a year earlier. (EUR1=RON4.4646)

Subiecte #BUDGET#DEFICIT