US EditionThe Budgetary Deficit Reached 3.39% in 5 Months. the Percentage Is Smaller, but the Amount Is Higher than in the Same Period Last Year.
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The implementation of the general budget consolidated in the first five months of 2025 ended with a deficit of 64.23 billion, respectively 3.39% of GDP, compared to the deficit of 60.10 billion, and 3,41% of GDP over the five months of the year...
The budgetary deficit was 3.39% of GDP, after the first five months of 2025, shows the data published by the Ministry of Finance. During the same period last year, the deficit was 3,41% of GDP, which...
Romania's budgetary deficit reached 3.39% of the Gross Internal Product after the first five months of 2025, in the light of last year's decline, shows data from the Ministry of Finance. The state's revenues increased by more than 13%, reaching 256 billion of it, but also costs amounted to 320 billion. The Ministry of Finance, Alexandru [...]
The revenues amounted to 256 billion hers, accounting for an increase of 13.6% over 2024, and the cost of 320 billion hers was greater than 12% over the past year.
Already in the first quarter the "red" current account almost doubled to what the agreement with the IMF established for the whole year. The exchange rate appreciated and the rise in imports explain this hole.
The governments were aware of the budgetary disaster since 2024. On 31 December, the Government of Cialoc published "trenoleus order" which would have to limit the deficit. However, after the first 5 months, we reached 3.39%, with a higher amount in front of 2024.
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