Romania's Budget Gap Widens to 2.48% of GDP in Jan-Apr

05.28.2020 By Oana Gavrila

Romania's general consolidated budget posted a deficit of RON26.28 billion, or 2.48% of the gross domestic product, in January-April 2020, more than half of which was due to tax facilities and incentives to keep the economy afloat amid the coronavirus crisis, the finance ministry said Thursday.

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Keywords:
BUDGET DEFICIT
, CONSOLIDATED BUDGET
,