Romania’s budget surplus reaches 1.06% of GDP
31Aug
Romania recorded a budget surplus of EUR 1.6 billion in the first seven months of the year, namely 1.06% of the GDP, compared to a deficit of EUR 227 million recorded in the same period last year. The budget’s revenues amounted to almost EUR 30 billion, which represented 19% of the GDP. They increased by […]
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31Mar
Romanian Prime Minister, Victor Ponta, said he would not rule out tax cuts before the end of this year and he has committed to maintain a budget deficit of 1.8 percent of GDP, agreed with the International Monetary Fund (IMF). Ponta’s cabinet also plans to scrap a tax on dividends from next year to make […]
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26Sep
Romania’s consolidated state budget deficit was EUR 355 million, or 0.24% of the GDP, in the first eight months of 2014, five times lower than in the same period of 2013, as budget revenues were higher while the state’s expenditures were lower. The Government wants to keep the budget deficit under 2.2% of GDP this […]
read more 28Jul
Romania’s Tax Administration ANAF collected EUR 20 billion to the state budget in the first half of 2014. It is EUR 670 million more than in the same period last year. EUR 670 mln means growth by almost 3,5%. The largest part of revenues was collected in the Constanta county –EUR 586 million, followed by […]
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