Romania's Budget Gap Widens to 3.59% of GDP in Jan-May

06.26.2020 By Oana Gavrila

Romania's general consolidated budget posted a deficit of RON38.84 billion in January-May, or 3.59% of the gross domestic product, nearly half of which was due to tax facilities and incentives to keep the economy afloat amid the coronavirus crisis, the finance ministry said Friday.

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Keywords:
BUDGET DEFICIT
, CONSOLIDATED BUDGET
,