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

Bulgaria’s Ministry of Finance is planning balanced budget for 2020

Photo: library

The government debt in 2020 can not exceed EUR 1.124 billion, the 2020 draft budget published on the web site of the Bulgarian Ministry of Finance shows, the Bulgarian National Radio informs. For the first time in many years, the budget is balanced, i.e. without a deficit or a surplus. According to forecasts, EUR 23.92 billion will be collected and spent next year. The government debt at the end of 2019 will be under 20% of the gross domestic product.




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

Bulgaria will take the necessary actions related to the energy transition

EUR 479 million are the grants allocated to Bulgaria under the RePowerEU chapter which is part of the Recovery and Resilience Plan.   By the end of last year, our country could have received 30% of this resource in advance. At a   hearing of..

published on 7/30/24 6:20 PM

Evacuation of villages near the border with North Macedonia has begun

The BG-ALERT system has issued an evacuation warning for the residents of five villages in the municipality of Strumyani due to the large fire that broke out in the area of the Maleshevska Mountain near the border with North Macedonia. The fire..

published on 7/30/24 5:37 PM
MP Toshko Yordanov from There is Such a People party

There are no prospects for forming a government with the third mandate

The first meeting organized by There is Such a People party (ITN) to seek support for the formation of a government with the third mandate ended in failure.  Talks were scheduled with six MPs who left the former Velichie Group and are close to the..

published on 7/30/24 5:09 PM