Total revenue to the consolidated budget fell 1.8% on the year to RON15.98 billion in January, while overall expenses were down 2.2% to RON14.94 billion, the ministry said.

In 2012, Romania’s budget deficit narrowed to 2.5% of GDP, from 4.3% of GDP a year earlier.

For 2013, the country targets a budget gap of 2.1% of GDP. (EUR1=RON4.381)