Budget deficit target to be bln. 8 lei, in Q1 of 2011 - financiare.ro
 Home Page  | News  | Exchange Rates  | Interbank Rates  | Central Banks  | Capital Markets Authorities  | Romanian Banks  | Archive  | Romanian  
 Finance-Banks  | Economy  | Business  | Capital Markets  | Real Estate  | Cars  | Travel  | HR Careers Education  | Media  | IT & C  | Environment 

News » January, 2011 » 11 January 2011

Budget deficit target to be bln. 8 lei, in Q1 of 2011
11.01.2011, 11:33 | Finance-Banks | 614 views



The budget deficit target is 8 billion lei, in the first quarter of 2011, one third of the 24 billion lei deficit, respectively, namely 4.4 percent of the GDP, as agreed with the International Monetary Fund (IMF), for the current year, FinMin Gheorghe Ialomiteanu said.

‘I asked a higher budget deficit in the first and the second quarters of the year. In 2010, the budget deficit target for each quarter used to be the annual deficit divided to four. We can engage higher investments in the fist and the second quarter, without altering the annual deficit,’ FinMin Ialomiteanu told a news conference.

Read more on Financiarul.ro




Latest news in category Finance-Banks

19.10.2016, ora 00:00 | 708 vizualizări
NBR governor disregards his own advice
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...


22.04.2016, ora 00:00 | 797 vizualizări
Mario Draghi: The ECB obeys the law not politicians
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...


23.02.2016, ora 00:00 | 736 vizualizări
The pound sterling, in its biggest decline since 2009
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...


Subscribe to newsletter
Name:
E-mail:
News: Yes  No 
Exchange Rates: Yes  No 


Top news last 7 days


Publicitate pe acest site
Copyright 1999-2019 Pandora Impex SRL.