The Budget Situation in Romania Has Improved, but the Burden on the State Coffers Is Still Huge
26 Articles
26 Articles
Romania's budget deficit fell to 2.89 percent of gross domestic product (GDP) in the first eight months of the year, down from 4.51 percent last year. The significant improvement is due to rising tax revenues, inflows of EU funds and spending cuts, but drastically rising interest rates continue to pose a serious risk to public finances, Transtelex reports.
Romania ended the first eight months of 2026 with a budget deficit of 59.42 billion lei, with almost 27 billion lei lower than in the similar period last year. The Ministry of Finance data shows that revenues have increased at a faster rate than expenditures, but costs with interest and budget pressures remain important. The Romanian budget deficit has dropped by almost 27 billion lei in the first eight months of 2026 appears first in Romania TV.
The budget deficit fell by 31% in nominal terms after the first eight months of this year, compared with the similar period last year, falling to 2.89 % of GDP, the Ministry of Finance announced on Saturday.
The general consolidated budget deficit reached 59.42 billion lei in the period January-August 2026, 26.94 billion lei less than in the same period last year, according to data transmitted by the Ministry of Finance. As a share of GDP, the deficit dropped from 4.51% to 2.89%. Minister Alexandru Nazare warns, however, that a prudent approach to public spending is necessary.
The implementation of the general budget consolidated in the first eight months of 2026 ended with a deficit of 59.42 billion lei, with 26.94 billion lei smaller than the deficit of 86.36 billion lei recorded in the same period of 2025, announces the Ministry of Finance. In nominal terms, the budget deficit was reduced by approximately [...] Article The 8-month deficit fell to 2.89% of GDP – 11% increase in state revenue appears first in CursDeG…
The eight-month deficit is 26.94 billion lei smaller than last year, which is a very good performance.
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