![](https://cdn.cursdeguvernare.ro/wp-content/uploads/2020/10/sedinta-guvern-300x172-1.png)
5.2% of GDP deficit in 8 months: a general decline in revenues, sharply rising expenditure and investment
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
Not in many words, just the explanations for the charts below: Let’s take a look at the figures. In the explanatory memoranda of Law 127/2019
Authorities have borrowed EUR 3 billion from foreign markets yesterday to finance the current year’s deficit. Much: both for one day and in general. A
The consolidated general budget recorded a deficit of ROL 5.14 billion at the end of the first seven months of 2017, equivalent to 0.63% of
The Ministry of Finance has published the draft „Split VAT” Ordinance. Compared to the data presented at the meetings with the business community or the
The consolidated general budget ended the first five months of 2017 with a deficit of -0.27% of the estimated GDP for the current year, according
The general consolidated budget ended the first two months of 2017 with a 0.05% micro-surplus of the estimated GDP for the current year, according to
The great undertaking of the 2017 budget execution has been launched, with the presumption of 50 basis points decrease in the current revenues, according to
Romanian citizens are ready again to fall into politicians’ traps who know that people do not want to pay taxes and then promise to cuts
The execution of the general consolidated budget in the first eight months of 2020 registered a deficit of RON 54.77 billion (5.18% of GDP, an
Not in many words, just the explanations for the charts below: Let’s take a look at the figures. In the explanatory memoranda of Law 127/2019
Authorities have borrowed EUR 3 billion from foreign markets yesterday to finance the current year’s deficit. Much: both for one day and in general. A
The consolidated general budget recorded a deficit of ROL 5.14 billion at the end of the first seven months of 2017, equivalent to 0.63% of
The Ministry of Finance has published the draft „Split VAT” Ordinance. Compared to the data presented at the meetings with the business community or the
The consolidated general budget ended the first five months of 2017 with a deficit of -0.27% of the estimated GDP for the current year, according
The general consolidated budget ended the first two months of 2017 with a 0.05% micro-surplus of the estimated GDP for the current year, according to
The great undertaking of the 2017 budget execution has been launched, with the presumption of 50 basis points decrease in the current revenues, according to
Romanian citizens are ready again to fall into politicians’ traps who know that people do not want to pay taxes and then promise to cuts