At the end of April, Romania ran a budget deficit of RON5 billion, or 0.83% of GDP.

Total revenue to the consolidated budget rose 9.6% on the year to RON77.5 billion in the first five months of the year, while overall expenditure was up 8.5% in nominal terms to RON84.8 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=RON4.4654)

Subiecte #BUDGET#DEFICIT