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Romania’s public deficit narrowed to 6,7% of GDP in 2021

Romania’s general government budget deficit was 6.7% of GDP in 2021, according to preliminary data revealed by finance minister Adrian Caciu. The Government will manage to end this year with a smaller deficit as well, he added. The official deficit target was set at 5.84% of GDP for 2022, according to Romania-Insider.com.

The Government of Liberal (PNL) prime minister Florin Citu envisaged a 7.13% of GDP budget deficit and left a 4.7%-of-GDP (January-November) gap behind it, current PM Caciu stressed.

 

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