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The fiscal deficit recorded between January and October 2018 was multiplied by 2.8 in relation to GDP and 3.2 times compared to the same period last year, according to statements made Tuesday by the Minister of Public Finance , Eugen Teodorovici Mediafax.
The finance official said Tuesday in a press release that the budget deficit at the end of October was 2.2% of GDP, so that Romania will fall to the goal of 3% of GDP, this year, and its value is 21 billion lei.
The implementation of the consolidated general budget for the first ten months of 2017 resulted in a deficit of 6.6 billion lei, or 0.79% of GDP.
"At European level, there will be such measures because they told the Commission that such measures should be taken." It is procedurally possible for the Commission to say: country X or Y have not taken such measures, he must take them and this will be seen in the 2019 budget, "Teodorovici said Tuesday.
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