{"id":4306,"date":"2025-03-25T07:59:18","date_gmt":"2025-03-25T07:59:18","guid":{"rendered":"https:\/\/ofero.news\/?p=4306"},"modified":"2025-03-25T07:59:18","modified_gmt":"2025-03-25T07:59:18","slug":"romanias-public-deficit-reportedly-hits-1-6-of-gdp-in-january-february","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=4306","title":{"rendered":"Romania\u2019s public deficit reportedly hits 1.6% of GDP in January-February"},"content":{"rendered":"<p>Romania\u2019s general government deficit reached RON 30 billion (EUR 6 billion) in January-February, accounting for 1.59% of the entire year\u2019s expected GDP, according to <a href=\"https:\/\/www.profit.ro\/taxe-si-consultanta\/exclusiv-deficit-de-30-de-miliarde-de-lei-1-58-din-pib-dupa-primele-doua-luni-doar-in-februarie-deficitul-a-fost-de-19-miliarde-lei-1-din-pib-21977328?mc_cid=e6b8f39071&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Profit.ro<\/a>.<\/p>\n<p>The Finance Ministry has not yet released the budget execution data for the first two months of the year.<\/p>\n<p>The deficit was RON 29 billion in the first two months of 2024, or 1.64% of GDP.<\/p>\n<p>For the whole year, Romania\u2019s government targets a deficit of RON 135 billion or 7% of GDP.<\/p>\n<p>In January this year, the deficit was 0.58% of GDP, or RON 11 billion, which means that in February the Government spent 1% of GDP, or RON 19 billion, more than it collected in taxes and duties from the population and companies.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\" target=\"_blank\">Rochu2008\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romania\u2019s general government deficit reached RON 30 billion (EUR 6 billion) in January-February, accounting for 1.59% of the entire year\u2019s expected GDP, according to Profit.ro. The Finance Ministry has not yet released the budget execution data for the first two months of the year. The deficit was RON 29 billion in the first two months [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4306","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/4306","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4306"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/4306\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4306"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4306"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4306"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}