The execution of the budget on December 31, 2022 showed a budget deficit of 5.68% of GDP. Updated data released by the Ministry of Finance show that it actually amounted to 5.75%, that is, slightly more.
In terms of value, this amounts to 81 billion lei.
*We mean the total consolidated budget.
It was financed both from internal sources (46.1%) and from external sources (53.9%).
According to the Ministry of Finance, the financing of the budget deficit was carried out at the expense of issues of government securities in lei and euros, launched on the domestic interbank market, at the expense of issues of government securities for the population in lei and euros, launched within two months. TEZAUR and FIDELIS programs, through the issuance of government securities in foreign currency on the foreign market, through withdrawals from loans intended for financing projects, through loans from the general current account of the State Treasury and withdrawals from loans concluded by administrative-territorial units. .
Source: Hot News
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