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Tag Archives: revenues

9-month budget deficit – 2.2 times larger than last year

The execution of the consolidated state budget in the first nine months of 2018 reveals a deficit or RON 16.8 billion, i.e. 1.77% of the GDP, the Finance Ministry informs on Tuesday. In the same period last year the deficit ...

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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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Budget deficit down to 1.26pc of GDP in 7 months

The execution of the consolidated state budget deficit in 7 months has concluded with a deficit of RON 11.9 billion, i.e. 1.26% of the GDP, down against RON 14.97 billion, i.e. 1.61% of the GDP in H1, the figures released ...

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Finance Ministry’s budgetary execution, far from the Gov’t optimism

A report by the Finance Ministry, released on Thursday, reads that the EU funds for Romania in Q2 were lower by RON 3.18 billion, which prevented reaching the level of revenues planned by the Government earlier this year. The revenues ...

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Update: Budget deficit up to 0.88pc of the GDP in five months, five times higher in nominal terms. Fiscal Council pulls the alarm signal

The Finance Ministry has released the execution of the consolidated state budget, with the figures revealing a higher deficit, up to 0.88% of GDP in May, against 0.65% of GDP in April. In the first five months of 2017 Romania ...

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