Measures to combat COVID-19 crisis generate more than half of 9-month budget deficit
Publicat:More than half of the deficit registered in the first nine months of the year, namely 37.12 billion lei (3.51% of GDP), represent the amounts left in the economic environment through fiscal facilities, investments and exceptional expenditures adopted to combat the effects of the COVID-19 epidemic, informs the Ministry of Public Finance, in the report on the execution of the general consolidated budget January to September 2020.
In the first nine months of 2020, the budget execution indicates a budget deficit of 67.27 billion lei (6.36% of GDP), almost three times higher than the deficit…
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