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

Stanimir Georgiev, chairman of the Miners and Energy Workers Together Association

Protest against the closure of Maritsa Iztok TPP and higher electricity prices

Energy workers and miners from the Maritsa Iztok 2 thermal power plant submitted a demand to the National Assembly for the construction of a carbon dioxide capture installation. The installation can stop the closure of the energy capacities, trade..

published on 4/23/24 1:28 PM

Government will strictly follow the law to ensure fair elections

Caretaker Prime Minister Dimitar Glavchev and Caretaker Minister of Transport and Communications Georgi Gvozdeikov discussed the preparations for the elections for National Assembly and for MEPs on June 9, 2024.  Glavchev said that..

published on 4/23/24 12:12 PM

The National Assembly has set a 12-year record for number of legislative amendments

In the period July - December 2023, the parliament adopted 51 amendments to 43 laws. 79% or 34 of these 43 laws have been amended more than once. This is the highest percentage of amendments for the past 12 years, the civic..

published on 4/23/24 11:39 AM