Romania: Budget deficit revised up to 4.3% of GDP
The government has just announced its targets, including a budget deficit of 4.3% of GDP for 2019. This means sharply higher financing needs for year-end.…
Romania: Budget deficit likely to exceed the 3.0% threshold
At -2.62% of GDP in September, keeping the full-year deficit below 3.0% of GDP in 2019 looks almost an impossible task for any government
Romania: Is the mid-year budget deficit out of control?
After the first six months of the year, Romania's budget deficit hit 1.94% of GDP. We are not changing our budget deficit forecast of 3.0% of GDP.…
The budget deficit has widened to 1.43% of GDP in May, compared to 0.86% for the same period of 2018. Sticking to the 3.0% of GDP limit is becoming a lot…
January is traditionally a month of budget surpluses, but 2019's is the smallest in seven years. Not having an approved budget bill likely distorted…
