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FinMin Citu: Budget deficit estimated to grow up to 8.6pct of GDP this year

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The budget deficit is estimated to increase this year from 6.7% of GDP to 8.6% of GDP, five percentage points being directly related to the crisis period that Romania is going through today, the Minister of , , informed on Thursday. "The budget deficit is projected to rise from 6.7% of GDP up to 8.6% of GDP. A five percentage point increase from the initially approved deficit of 3.6% of GDP. And we talked about this influence on budget deficit before, about what triggered it. As expected, we have a decrease in budget revenues compared to the estimates of almost 31 billion…

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