Budget deficit goes down to 6.72pct of GDP in 2021 from 9.61pct in 2020
Publicat:The consolidated general budget ended last year with a deficit of 6.72pct of Gross Domestic Product (GDP), respectively 80 billion lei, below the initial estimates which indicated a negative balance of 7.13pct of GDP at the end of the year, according to the Budget Execution provided on Friday by the Ministry of Public Finance.
The budget deficit increased significantly in December last year, by 24.02 billion lei, after, in November, the Ministry of Finance reported a negative balance of 4.7pct of GDP, respectively 55.98 billion lei. On the other hand, compared to 2020, the budget deficit…
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