Basescu: 2012 Budget Targets Deficit Of 1.9% In Cash Terms

11.03.2011 By Radu Bostan

Romanian President Traian Basescu said Thursday, after a meeting with the IMF, World Bank and European Commission delegation, that next year's budget will be built on a deficit of 1.9% of the GDP in cash terms, which can be increased up to 2.5% later in the year.

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Keywords:
BASESCU
, DEFICIT
, IMF
, EC
, WORLD BANK
, BUDGET