Consolidated budget deficit drops to 0.8 percent of GDP, four months into 2011

The deficit of the consolidated general budget dropped to 4.4 billion lei, representing 0.8 percent of the GDP, four months into this year, according to data released by the Ministry of Public Finance.'As revenues increased and spending was confined to the limits of the annual programme, a slight surplus of 829 million lei was reported this April,' reads a release from the Ministry. The Ministry of Finance reported a deficit of the consolidated general budget of 5.2 ...

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