BUCHAREST: Romania's consolidated budget ran a surplus of 0.2 percent of gross domestic product in the first four months of the year, unchanged from the end of March, the finance ministry said on Thursday.
In nominal terms, the surplus stood at 1.35 billion lei ($332.63 million), it said in a statement.
Revenues were at 9.8 percent of GDP, or 80.1 billion lei, 8.4 percent up on the year. Spending was 78.8 billion lei.
The Social Democrat government targets a deficit of 3 percent of GDP, the European Union's ceiling, based on an economic growth estimate of 5.2 percent of GDP which analysts have said is too optimistic.
The International Monetary Fund said that without additional measures Romania's fiscal shortfall was expected to reach 3.7 percent of GDP this year and 3.9 percent in 2018.
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