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Budget deficit of 0.45% of GDP in January 2024

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Budget deficit of 0.45% of GDP in January 2024

The consolidated budget deficit was 0.45% of GDP in January 2024, compared to 0.25% of GDP in January 2023, according to the data of the Ministry of Finance, published on Tuesday.

"The implementation of the general consolidated budget for January 2024 ended with a deficit of 7.89 billion RON, respectively 0.45% of GDP, compared to the deficit of 4.02 billion RON, respectively 0.25% of GDP for January 2023," informs the source.

Total revenues amounted to 47.39 billion RON in January 2024, up 19.7% (y/y). Their dynamics were supported mainly by the evolution of receipts from insurance contributions,…

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