Parliament adopts budget 2019 at first reading

Photo: BGNES

The Bulgarian Parliament adopted at first reading the budget for 2019. The budget passed at first reading with the votes of GERB and United Patriots, of one MP from "Volya" and one independent MP. The BSP and the DPS voted against. The priorities of Budget 2019 are social policy, education, defense and income policy. The planned deficit is 0.5% of GDP. GDP growth is projected to reach 3.7% in 2019 due to stronger public investment and public consumption and keep level of 3.5% in the 2020-2021 period. Unemployment is expected to fall to 4.8% next year. Government debt is expected to decrease from BGN 22.2 billion in 2019 to a level of BGN 22.0 billion by the end of 2021.

More from category

Sales of new cars in Bulgaria up

 Over 30,000 new cars were sold in Bulgaria in 2018. According to data of the Bulgarian Traffic Police, 24,212 new cars and 9,537 vans were registered in Bulgaria last year. Sales of new vehicles increased in 17 out of all 27 EU member states...

published on 1/16/19 11:24 AM

General Electric interested in participating as potential supplier of equipment and engineer of Belene NPP

The US Company General Electric expressed interest in participating as potential supplier of equipment and engineer of the Belene NPP project. Bulgaria’s Minister of Energy Temenuzhka Petkova told the Bulgarian Telegraph Agency that so far Bulgaria..

published on 1/16/19 11:02 AM
Libyan tanker Badr

Premier Borissov discusses Badr case with his Libyan counterpart Fayez al-Sarraj

Bulgaria’s Prime Minister Boyko Borissov held a phone conversation with his Libyan counterpart Fayez al-Sarraj. Premiers Borissov and Sarraj discussed the issue related to the Libyan tanker Badr which was detained in November 2017 at the request of a..

published on 1/16/19 9:30 AM