Deficit in Quarter 3, Below Programmed Level. Nazare: Target of 6.2% of GDP Depends on the Timely Collection of PNRR Money
28 Articles
28 Articles
The Ministry of Finance announced on Tuesday that the general budget deficit consolidated in the third quarter of 2026 was 37.27 billion lei and 1.81% of GDP respectively, with 4.11 billion lei below the programmed level.
The deficit of the consolidated general budget in the third quarter of 2026 was 37.27 billion lei and 1.81% of GDP respectively, with 4.11 billion lei below the programmed level for this quarter, the Ministry of Finance announced on Tuesday. Investments also increased by 48.6%, while operating expenses were reduced, according to the Report on Budget Implementation in the third quarter of 2026.
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On Tuesday, the Ministry of Finance published the report on budget execution in the third quarter of 2026, a document requested by the PSD in the context of the public finance situation disputes. According to the report, the budget deficit fell to 3.81% of GDP after the first nine months, from 5.31% in the similar period last year, while public investment increased by 48.6%. The Ministry warns, however, that reaching the deficit target of 6.2% o…
Romania's budget deficit fell to 3.81% of GDP after the first nine months of 2026, compared to 5.31% in the same period last year. However, reaching the target of 6.2% of GDP for the whole year depends on the receipt of European funds from the PNRR. According to the third quarter budget performance report published by the Ministry of Finance on Tuesday, payment requests 5 and 6 in the European Commission's evaluation amount to €4.23 billion, and…
Alexandru Nazare, Minister of Finance, reports that Romania's budget deficit reached 78.3 billion lei, or 3.81% of GDP, after the first nine months of 2026, falling by 24.17 billion lei compared to the same period last year, according to the Report on Budget Implementation in Quarter III, published by the Ministry of Finance.
Romania has a significant reduction in the budget deficit and a strong increase in public investment, but the end of 2026 comes with a major financial risk. Earning 4.23 billion euros in the PNRR grants is essential to respect the deficit target of 6.2% of GDP. At the same time, the state has come to pay more than 50.6 [...] Article The Deficit of Romania has fallen by more than 24 billion lei. Investments have increased by 48.6%, but PNRR money…
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