Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Bulgaria sees 750 M fiscal surplus at end 2016

Photo: picture library

The Bulgarian Finance Ministry has reported that the balance on the consolidated fiscal program for 2016 is positive and to the tune of close to 1.5 billion leva /about 750 billion euro/. The amount corresponds to about 1.6% of the prognosticated GDP of the country. The previous year saw a deficit to the tune of 2.8% of GDP meaning that compared to the same period of 2015 the budget’s position has improved by 4.4 percentage points.The year 2016 has been the first fiscal year since 2008 to see a surplus of the consolidated fiscal program.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

MPs observe a minute of silence to honor the victims of the Armenian Genocide

Members of Parliament  observed a minute of silence to honor the victims of the Armenian Genocide in the Ottoman Empire (1915-1916). April 24 was declared Armenian Genocide Remembrance Day. BSP MP Atanas Zafirov proposed that a minute of..

published on 4/24/24 10:58 AM

US Department of State: No significant changes in the human rights situation in Bulgaria

There were no significant changes in the human rights situation in Bulgaria during the year, reads the US Department of State’s 2023 Country Report on Human Rights Practices. ''Significant human rights issues included credible reports of: torture or..

published on 4/24/24 9:41 AM

US State Department: Bulgarians in North Macedonia are discriminated against

There is systematic racial and ethnic violence and discrimination against Bulgarians in the Republic of North Macedonia. This is stated in the State Department's report on human rights in 2023, BGNES reported .  The document refers to the beatings..

published on 4/24/24 9:19 AM