Articole cu tag-ul: finance ministry, România, Romania's Finance Ministry, romania-s-finance-ministry, securities

Romania’s state budget scores a lei 12.4bn deficit in the first five months

The social insurance budget cashed in 2.6 billion lei less than it spent, whereas the unemployment insurance budget saw revenues stand 316.3 million lei below expenses. MFP granted the ministries external loans of 73.4 million lei. Meanwhile, local budgets recorded a surplus of 1.77 billion lei between January and May.

Budget spendings hike 6.8%, revenues drop 6.9% in the first five months

Thus, the budget gap widened to 2.1 percent of the gross domestic product (GDP), or 11.3 billion lei respectively, below the target established with the International Monetary Fund (IMF) for the end of the first semester. Expenses with goods and services lowered 5 percent in the first five months to 10.83 billion lei, while expenses ...