13:32, 26.09.2008 Romania"s "08 Budget Def To Be Kept Below 3% Of GDP - Ctrl Bker

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BUCHAREST / 13:32, 26.09.2008 Romanian budget deficit in 2008 might be kept below 3% of the gross domestic product, or GDP, the Governor of Romanian National Bank, Mugur Isarescu said Friday, adding that he would like it to be even lower.Isarescu sees a risk of a slide in budget deficit due to the November elections."We know there is a risk and hope the deficit to be lower than 3% of GDP.

We would like it to be even smaller. We tightened monetary policy in case of an impact," Isarescu...

Read the whole story in: Mediafax

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