capital expenditures

Standard & Poor's rating agency estimates Romania’s budget deficit this year at 3.3% and next year at 3.5%, above the 3% of GDP target, due to wage and pension spending, as well as to other budget expenditures. These levels will be…

The consolidated general state budget deficit has climbed to RON 24.3 billion, meaning 2.88% of the GDP, i.e. 2.3 times larger against the level registered last year in 11 months of RON 10.2 billion (1.21% of GDP), the Ministry of Public…

The execution of the general consolidated budget in the first five months of 2017 has concluded with a deficit of RON 2.2 billion, i.e. 0.27% of GDP, against the deficit of RON 0.8 billion, i.e. 0.1% of GDP registered in the similar period…

The general consolidated budget registered a surplus of RON 3 billion, 0.4 percent of GDP in the first quarter of this year, down 0.3 percentage points compared with the same period in 2015, Ministry of Public Finances (MFP) announced on…