Tag Archives: surplus

Romania’s budget surplus reaches 1.06% of GDP

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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The budget surplus of Romania in amount of RON 1.5 billion

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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