BUSINESS

Budget deficit at nine months, below threshold set with IMF

The budget deficit reported after the first nine months of this year stood at an estimated RON 23.3 bln, below the RON 28.2 bln threshold target stipulated by the stand-by agreement signed with the International Monetary Fund (IMF), the Finance Ministry announced in a press communiqué. Revenues totalled RON 120.4 bln, up by 3.6 per cent in nominal terms compared to the same period last year.

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