News » July, 2011 » 25 July 2011
Romania 1H Budget Gap At RON11.3B, Meets IMF Target
25.07.2011, 16:57 | Finance-Banks | 982 views
Romania’s consolidated budget posted a deficit of 11.3 billion lei (EUR2.65 billion) in the first six months, equal to 2.07% of the gross domestic product, Finance Ministry data showed Monday. End-May, the budget gap stood at RON7.42 billion, or 1.36% of GDP. The first-half figures were below the RON12.6 billion deficit target agreed with the International Monetary Fund, the data showed. Read more on Mediafax.ro
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