MF: Budget deficit of 5.68% of GDP in 2023

The execution of the general consolidated budget for 2023 ended with a deficit of 89.90 billion RON, or 5.68% of GDP, respectively, down from 5.76% of the negative balance of 2022, according to data published on Tuesday by the Ministry of Finance.Total revenues amounted to 521.45 billion RON last year, up 13.3% year-on-year, amid revenues from European funds, payroll and income tax and insurance contributions. The expenditures of the general consolidated budget amounting to ...

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