Romania's 2012 Consolidated Budget: Revenue Seen At RON195B, Expenses At RON206B

11.12.2011 By Radu Bostan

Romania's 2012 general consolidated budget provides total revenue of 195.3 billion lei (EUR45 billion) and total expenses of RON206.5 billion, therefore a nominal deficit of RON11.2 billion, equivalent to 1.9% of the GDP in cash terms, or under 3% according to European accounting standards.

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Keywords:
BUDGET
, CONSOLIDATED BUDGET
, FORECAST