Budget deficit inches 5.18 pct of GDP after first eight months of 2020
Publicat:The budget deficit inched 5.18 pct of GDP after the first eight months of this year, i.e. 54.77 billion lei, from 4.7 pct of GDP, or 49.68 billion lei in the same period last year.
"The implementation of the consolidated general budget in the first eight months of 2020 registered a deficit of 54.77 billion lei (5.18 pct of GDP), of which more than half is the result of measures to combat the crisis caused by the COVID-19 epidemic. Amounts of 31.17 billion lei (2.95 pct of GDP) were left in the economic environment through fiscal facilities, investments and exceptional expenses adopted…
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