Romanian Jan-Feb Budget Surplus At 0.21% Of GDP

Romania’s consolidated state budget ran a surplus of 0.21% of gross domestic product in the first two months of this year, data from the finance ministry showed Thursday. In January-February last year, the country’s budget posted a surplus of 0.12% of GDP.Budget revenues totaled 27.4 billion lei ($11.7 billion) in Jan-Feb, or 6.2% of GDP, while spending stood at RON26.5 billion, or 6.02% of GDP. The state budget, which makes up the largest part of the country’s general consolidated budget, posted a deficit of RON2.23 billion in Jan-Feb, but was offset by surpluses posted by local and social securities budgets. (...)

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