- Home
- Video
- Politics
- Economic
- Social
- Sports
- International
- Science
- Culture
- Life
- One book a day
- Weather
- Talks
- English
Romania Jan-July Budget Gap Widens To 3.9% Of GDP
Romanian consolidated budget posted a deficit of 20 billion lei (EUR1=RON4.246) in the January-July period, amounting to 3.9% of the gross domestic product, Finance Ministry data showed Friday.
6 views
Romania Jan-July Budget Gap Widens To 3.9% Of GDP
End-June, the budget deficit was RON18.07 billion.
Total revenue to the consolidated budget rose 1.2% on the year to RON93.3 billion at the end of July, while expenditure was up 3.2% to RON113.3 billion, the ministry said.
Romania's government recently announced a series of austerity measures to slash public spending and bring the budget deficit down to 6.8% of GDP this year, from 7.2% of GDP in 2009.
If you liked this story, please follow MEDIAFAX.RO on FACEBOOK »
The content of mediafax.ro is for your information only. Republishing or using this content is forbidden without express consent of MEDIAFAX. For this consent, please ask for it by mail at vanzari@mediafax.ro.
