World

Romania's consolidated budget shortfall widens to 0.9pc/GDP

Published June 27, 2018 Updated June 27, 2018 08:52pm

The government targets a full-year deficit of just under 3 percent of GDP. In nominal terms, the gap was 8.14 billion lei ($2.02 billion).

Revenues were at 11.9 percent of GDP, or 110.9 billion lei. Spending stood at 119 billion lei. The five-month gap compares with a deficit of 0.3 percent in the same period of last year.

Copyright Reuters, 2018