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

Bulgaria's budget surplus has shrunk by half

Photo: library

According to the Ministry of Finance, Bulgaria's budget surplus has shrunk to 600 million euros by the end of August. A month before that, the Treasury's surplus was above 1.5 billion euros, but sharply decreased after the deal for purchasing F-16 fighters. The ministry expects the budget surplus to exceed 600 million euros in September. Usually, in the last months of the year, government spending increases. After being updated twice in 2019, an annual deficit of 2% of GDP is now envisages, which equals over 1 billion euros.




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

MEPs are concerned about Russian interference in the Bulgarian elections on June 9

MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by Russian authorities, reads a draft resolution of the European People's Party on new allegations of..

published on 4/24/24 11:17 AM

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