Romania: Romania's Fiscal Council warns public deficit heads to 8% of GDP (...)

August 20, 2024

Romania's Fiscal Council warns public deficit heads to 8% of GDP this year
Aug 20, 2024

Romania's Fiscal Council warns public deficit heads to 8% of GDP this year.

Romania's general government budget deficit will probably exceed 7% of GDP (cash terms) and risks sliding towards 8% of GDP, the Fiscal Council (CF) warns in its annual report published on August 19. The projection is based on H1 budget execution data and the Executive's plans to implement (...)

[Read the article in Romania Business Insider]

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