The Romanian Ministry of Finance announced that the budget deficit rose to 8.65% of GDP last year, up from 5.61% of GDP in 2023. The 2024 budget was initially designed with a deficit target of 5% of GDP, reports IPN. A higher budget deficit was recorded in 2009, reaching 9.5%, and during the pandem...
Romania ended 2024 with a budget deficit of 8.65% of GDP
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