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Financial assets of public administration sector reach 23.5 pct of GDP end-Q1 2021

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The financial assets of the public administration sector increased by 1.1 percentage points in the first quarter of 2021, reaching 23.5% of GDP, according to data centralized by the of Romania (BNR).

The public administration's deposits and cash increased by 1.1 percentage points in the first three months of this year, compared to the same period in 2020, and accounted for 4.6% of GDP. Stock holdings and other state participations decreased by 0.1 percentage points, reaching 9.8% of GDP, and the position of other accounts receivable (taxes, duties, social contributions,…

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