Consolidated budget deficit down to 0.79pct of GDP, but it's still 5 times higher than in 2016
Publicat:The general consolidated budget deficit declined to 6.6 billion lei (0.70 percent of the Gross Domestic Product - GDP) after the first ten months of 2017, from 6.8 billion lei (0.81 percent of the GDP) in the first nine months, the Public Finance Ministry informs.
Compared to the first ten months of 2016, the general consolidated budget deficit increased five times, from 1.3 billion lei (0.17 percent of the GDP) in the period between January and October 2016, to 6.6 billion lei.
The revenues of the general consolidated budget, totalising 207.9 billion lei, namely 24.7 percent…
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