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28 July 15:16

The Ministry of Finance announced on Monday a budget deficit of 69.8 bn lei (3.68% of GDP) at 6 months, up almost 10% compared to the same period in 2024

Raluca Ioana Draghici

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Economy

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At June 30, 2025, the budget deficit reached 3.68% of GDP, up from the previous year. Total expenditures exceeded RON 380 billion, while interest and personnel costs increased significantly. Revenues have increased, but austerity measures are needed, including tax increases. Prime Minister Ilie Bolojan has announced a package of measures including limiting allowances in state companies and introducing performance indicators for political appointments.

Sources

Anunț trisit de la finanțe! Deficitul continuă să crească. Gaura la șase luni, mai mare decât în 2024. Minus de aproape 70 de miliarde de lei

Ziarul Financiar

Execuţia bugetară la 6 luni: deficit de 69 mld lei, respectiv 3,68% din PIB, venituri totale de 310 mld lei, în creştere cu 12,7% şi cheltuieli de 380 miliarde lei, în creştere cu 12,1%

Deficit de 3,68% din PIB, 70 de miliarde de lei, pentru primele șase luni din acest an

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

The revenues of the general budget increased by 11.8% in the first 7 months of 2025, but expenditures reached a high level, highlighting the need for fiscal control.

News

Petrișor Peiu, the leader of the AUR senators, criticizes the Bolojan Government for its inability to reduce the budget deficit, which has reached 76 billion lei.

Politics

Former Finance Minister Marcel Boloș claims that he informed Prime Minister Ciolacu at least six times about the budget deficit, but was ignored: "he told me that he is not concerned about the deficit"

Economy

In the first seven months of the year, the government borrowed 176 billion lei, significantly more than in the same period last year.

News

Personnel expenses in local public administration increased by 10% in the first six months of 2025, contrary to expectations of a decrease.

Economy

Radu Oprea argues that the growth of GDP is the key to reducing the budget deficit, estimating a growth of 0.6% by the end of the year.

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