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Romania's Draft 2012 Budget: Revenue Seen At RON95.6B; Spending Capped At RON113B

November 12, 2011

Romanian government targets total revenues to the state budget of 95.65 billion lei (EUR22 billion) in 2012, up 13.5% on the year, while overall spending is poised to stagnate at around RON113 billion, according to next year’s draft budget.

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