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Tag Archives: deficit

The vote on the 2019 state budget scheduled on Friday, new draft with higher deficit by RON 1.3 bln revealed

The Parliament has Okayed on Saturday the timetable of the debates on the 2019 state budget. The amendments will be filed by Monday, at 12:00, while the final vote is scheduled on Friday, February 15. The special budget –finance committees ...

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AmCham Romania warning for the Gov’t: The implementation of the investment plan is not a priority this year as well

The analysis of the budgetary execution in the first 9 months of 2018 indicate that the implementation of the investment plan is not a priority this year as well. At the beginning of the current budgetary exercise AmCham Romania was ...

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1.54pc of GDP budget deficit in 8 months

The execution of the consolidated general budget in eight months of 2018 shows a deficit of RON 14.6 billion, i.e. 1.54% of GDP, more than double against the similar period last year, of RON 6.5 billion (0.76% of GDP), the ...

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Romania imported meat products of EUR 125 M in the first two months

Romania imported meat and meat products worth EUR 124.8 million in the first two months of 2018, up by almost 27 percent, National Institute of Statistics (INS). Meanwhile, the meat exports were almost two times lower than imports and amounted ...

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Romania’s deficit in agri-food trade, up by 53 pc in 2017 yoy

Last year, Romania registered deficit in the agri-food trade of EUR 853.9 million, up by 53 percent against 2016 – EUR 557.4 million, according to figures provided by the Ministry of Agriculture and Rural Development (MADR). ”Romania recorded a 4.6 ...

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Romania’s exports of iron and steel in 2017 amounted to EUR 2.2bn

Romania exported iron and steel worth of EUR 2.2 billion in 2017, a value by 28% higher than in the same period of the previous year, the National Statistics Institute (INS) informs on Friday. The iron and steel imports amounted ...

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Deficit of about EUR 9 bn on the PNDR 2014-2020

Romania has a deficit of about EUR 9 billion on the National Rural Development Programme (PNDR) 2014-2020, according to Adrian-Ionut Chesnoiu, General Director of the Romanian Agency for Financing Rural Investments (AFIR). He argues that there is “a very big ...

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S&P confirms Romania at BBB-/A-3, stable outlook; ‘Political volatility overshadows the economic boom’

The financial evaluation company Standard & Poor’s (S&P) maintains Romania’s rating at BBB-/A-3, with a stable outlook, due to country’s moderate external and government debt, amid strong growth prospects. ”However, we estimate Romania’s GDP per capita at just over USD 10,000 ...

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