Romania's public debt-to-GDP ratio under 50%
Photo by Bogdan Vija/Shutterstock.com
Romania's public debt to GDP ratio reached 49.2% at the end of April, from a revised 48.4% level at the end of March and 48.8% at the end of 2021, data published by the Finance Ministry showed, according to a report by Romania-insider.
In absolute terms, Romania's public debt reached RON 602.9 billion (EUR 121.8 billion) at the end of April, RON 8.9 billion (EUR 1.8 billion) more than it was at the end of March.
The ministry initially reported a public debt to GDP ratio of 50.2% for the end of March, based on the GDP in the 12 months to the end of December.
ADVERTISEMENT
Hungary PMI Edges up to 47.4 in September
Ukraine Suspends OTP Status on 'Sponsors of War' List
Karikó and Weissman Receive 2023 Nobel Prize in Medicine
Pálinka Added to EU-Japan Geographical Indication Deal
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 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.
