Podcast in English
Text size
Bulgarian National Radio © 2025 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

Negotiations to form a regular government continue

Negotiations to form a regular government continue today. There is agreement on the name of the next prime minister - Rosen Zhelyazkov from GERB-SDS, there is also agreement on the governance agreement. However, the talks are complicated by the..

published on 1/13/25 3:54 PM
Natalia Kiselova and HE Kenneth Merten

Bulgarian Parliamentary Speaker meets with US Ambassador Kenneth Merten

The Speaker of the Bulgarian National Assembly Natalia Kiselova spoke with the US Ambassador to Bulgaria Kenneth Merten.  Kiselova expressed condolences to the relatives of the US citizens who died during the devastating fires in Los Angeles ...

published on 1/13/25 2:26 PM
Petar Dimitrov

Minister Dimitrov: “EU money for water management is additional funding, not panacea”

A unified water management authority is needed to solve the problems with water shortage. This was what caretaker Minister of Environment and Water, Petar Dimitrov, told bTV.  Currently, water management is fragmented,..

published on 1/13/25 11:52 AM