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FinMin Citu: Expenses made during coronavirus crisis are 3.1 billion lei in 5 months


Expenses made during the coronavirus crisis are 3.1 billion lei in five months, and the pandemic impact, by mid year is about 10 billion lei, said finance minister Florin Citu .

He mentioned that when budget rectification was made, budget deficit was doubled from 3.7% to 6.7% of GDP, the additional 3% coming from the additional expenses of 10 billion lei from Covid 19 and 20 billion lei lower incomes to the state budget.

The minister also pointed out that June was “a pleasant surprise”, as incomes were better than in the same period of 2019, when there was  economic growth.

Asked how much of the 20 billion lei missing from the  budget will represent the drop of the first semester, the minster answered 7 billion lei, while the coronavirus impact in semester 1 was about 10 billion lei.