{"id":5016,"date":"2025-05-15T07:00:32","date_gmt":"2025-05-15T07:00:32","guid":{"rendered":"https:\/\/ofero.news\/?p=5016"},"modified":"2025-05-15T07:00:32","modified_gmt":"2025-05-15T07:00:32","slug":"romanias-public-deficit-exceeds-2-9-of-gdp-in-january-april","status":"publish","type":"post","link":"https:\/\/ofero.news\/?p=5016","title":{"rendered":"Romania&#8217;s public deficit exceeds 2.9% of GDP in January-April"},"content":{"rendered":"<p>Romania&#8217;s general government budget deficit hit 2.94% of GDP in January-April (RON 56.2 billion, or EUR 11 billion), up from 2.3% of GDP in Q1, according to <a href=\"https:\/\/www.zf.ro\/banci-si-asigurari\/exclusiv-zf-aprilie-luna-exceptionala-buget-veniturile-au-crescut-16-22807402?mc_cid=b15a702fc8&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Ziarul Financiar<\/a> and <a href=\"https:\/\/www.profit.ro\/taxe-si-consultanta\/ultima-ora-guvernul-avut-excedent-aprilie-astepta-fostul-premier-deficitul-patru-luni-e-scadere-fata-anul-trecut-numai-aprilie-2024-s-au-platit-avans-pensiile-luna-22030803?mc_cid=b15a702fc8&amp;mc_eid=cd1f92f96c\" target=\"_blank\">Profit.ro<\/a> citing operative data from the Finance Ministry.\u00a0<\/p>\n<p>The revenues increased by 16% y\/y to a record level of RON 59 billion in April, while the expenditures remained roughly steady at RON 71 billion, according to Ziarul Financiar.\u00a0<\/p>\n<p>The public deficit in January-April 2024 was 3.23%, including the May pensions paid last year in advance in April (0.53% of GDP), according to Profit.ro \u2013 which concludes a real deterioration of the budget execution compared to the 2.7%-of-GDP corrected deficit in January-April 2024.<\/p>\n<p>The Romanian government must reduce the ESA budget deficit to 7% of GDP this year, in line with the 7-year fiscal plan agreed with the European Commission. However, the first months of the year undermine the target. Romania&#8217;s fragile sovereign rating has a negative outlook from the three major rating agencies, with the first assessment scheduled for late summer.<\/p>\n<p><em>iulian@romania-insider.com<\/em><\/p>\n<p><em>(Photo source: <a href=\"https:\/\/www.dreamstime.com\/\">Rochu2008\/Dreamstime.com<\/a>)<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Romania&#8217;s general government budget deficit hit 2.94% of GDP in January-April (RON 56.2 billion, or EUR 11 billion), up from 2.3% of GDP in Q1, according to Ziarul Financiar and Profit.ro citing operative data from the Finance Ministry.\u00a0 The revenues increased by 16% y\/y to a record level of RON 59 billion in April, while [&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-5016","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5016","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=5016"}],"version-history":[{"count":0,"href":"https:\/\/ofero.news\/index.php?rest_route=\/wp\/v2\/posts\/5016\/revisions"}],"wp:attachment":[{"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ofero.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}