2020 budget draft built on economic growth of 4.1 pct and budget deficit of 3.59 pct
Publicat:The draft budget for the year 2020 is built on an economic growth of 4.1 pct, a budget deficit of 3.59 pct and an average inflation rate of 3.1 pct, according to the Report on the macroeconomic situation on 2020 and its projection on years 2021-2023 published on Tuesday morning on the website of the Ministry of Public Finances (MFP). The income mentioned for 2020 stands at 360,149 billion lei, with a share of the GDP of 31.89 pct, while expenses are estimated at 400.694 billion lei, namely 35.48 of the GDP.
The cash budget deficit target for 2020 is estimated at 3.59 pct of the GDP…
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