The consolidated budget deficit totaled RON 16.33 billion (EUR 3.3 billion), as revenue for the first four months of 2022 rose 22% year-on-year to RON 144.4 billion, whereas spending increased by 15.6% to RON 160.7 billion, the ministry said in a press release.
Romania closed 2021 with a consolidated budget deficit of 6.72%, compared to a budget gap of 9.61% of GDP in 2020.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
