Romania's Jan consolidated budget runs deficit of 0.25%/GDP-finmin data

Kitco Media
By Reuters
Published:
Updated:
Reuters
BUCHAREST, Feb 28 (Reuters) - Romania ran a consolidated budget deficit of 0.25% of gross domestic product in January, compared with a shortfall of 0.13% in the same month of last year, finance ministry data showed on Tuesday. In nominal terms, the deficit stood at 4.01 billion lei
($863.87 million). Revenues amounted to 39.6 billion lei, or 2.5% of GDP. Spending stood at 43.6 billion lei. Investment spending, including EU funds, stood at 1.94 billion lei. The European Union state ran a deficit of 5.68% of GDP last year. It targets a shortfall of 4.4% this year.
($1 = 4.6419 lei) (Reporting by Luiza Ilie; Editing by Toby Chopra)

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