off-the-wire

Romania's 2022 consolidated budget deficit at 5.68% of GDP - finmin data

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUCHAREST, Jan 30 (Reuters) - Romania's consolidated budget deficit widened to 5.68% of gross domestic product in December from 4.2% at the end of November, within the government's target for the year, finance ministry data showed on Monday.


In nominal terms, the deficit stood at 81.01 billion lei ($17.96 billion).


Revenues amounted to 460.1 billion lei, or 32.2% of GDP, up 21.2% on the year, while spending stood at 541.09 billion lei. Investment spending, including EU-funded projects, stood at 72.53 billion lei, up 22.4% on the year.


The European Union state is targeting a deficit of 4.4% of GDP this year. ($1 = 4.5115 lei) (Reporting by Luiza Ilie; Editing by Jan Harvey)

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