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5.2 billion lei budgetary deficit after Q1 representing 1% of GDP 

de A.C.     HotNews.ro
Marţi, 26 aprilie 2011, 15:47 English | Business

The general consolidated budget registered in the first quarter of the year a 5.2 billion lei deficit, representing 1% of GDP. In March, the deficit was 2.3 billion lei representing 0.4% of GDP. According to Finance ministry data, budgetary spending was 46.8 billion lei while revenues reached 41.6 billion lei.  

The data shows that estimated revenues at the general consolidated budget are 10.2% higher than those registered in the same period, last year and spending increased by 1.3%.
























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