Ponta: 3rd budget revision positive, budget deficit at 0.2 pct of GDP in 11 months

Prime Minister Victor Ponta said in the beginning of the Government's sitting on Wednesday that the third budget revision this year will be positive, as a result of a better absorption of the EU funds and higher collections to the budget.

"We have a positive revision meaning that, after eleven months, the budget deficit is 0.2 percent of GDP, not 2.2 percent as we negotiated by the Fiscal Treaty and by the deals with the IMF and the European Commission, because we have extra European funds as compared to 2013 (in the end there will be 3.4 billion euros), 12 billion lei in additional collections to the budget as compared to 2013 and the economic growth that you know very well, it was confirmed by the National Institute for Statistics today", Ponta stressed.AGERPRES