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Budget records deficit in February, negative balance hits 0.51pct of GDP in first two months of 2019

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The general consolidated budget recorded deficit in February 2019, given that the first two-month execution sees a RON 5.2 billion (0.51pct of the gross domestic product) deficit, down against the negative balance of RON 5.5 billion (0.58pct of GDP) recorded in last year's similar period.

2019, the budget saw a surplus of RON 700 million (0.07pct of GDP).

According to data released by the Ministry of (MFP) in the first two months of this year the general consolidated budget accounted for RON 46.7 billion, meaning 4.6pct of GDP, as compared to 4.5pct of…

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