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

Bulgaria registers budgetary surplus for first quarter of the year

Photo: library

The national budget has not yet been affected by the COVID-19 crisis. The Ministry of Finance registered a EUR 600 million budgetary surplus for the first quarter of the year by 31 March. Nevertheless, the surplus is falling because at the end of February it stood at EUR 700 million.

The fiscal reserve remains at over EUR 5 billion. Year on year treasury revenues in March have gone up by EUR 75 million, or a total of EUR 5.56 billion. The increase us due mainly to incoming financing from European funds. Due to the extension of tax payment deadlines the implementation of the projected revenues from corporate taxes is lower. 



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

EC approves EUR 142 million in state aid for Bulgaria’s energy sector

The European Commission has approved state aid amounting to EUR 142 million (BGN 278 million) to support the energy sector, BNR’s correspondent in Brussels reports. The money is being granted to alleviate part of the expenses of the companies which..

published on 7/12/24 4:44 PM

Army personnel and two helicopters join efforts to put out big fire in Mount Sredna Gora

Army personnel and two helicopters from the 24 th air base at Krumovo have joined the efforts to extinguish a big fire in Mount Sredna Gora close to Pesnopoy village, Kaloyanovo municipality and Mihiltsi village, Hisarya municipality. The..

published on 7/12/24 3:23 PM
Rumen Radev on board the frigate Drazki, 12 July, 2024

On board Drazki frigate President Radev calls for the modernization of the Bulgarian navy to continue

President Rumen Radev called for the processes of modernization of the navy to continue. On board the frigate Drazki in the Black Sea, the president, the Deputy Minister of Defence Radostin Iliev and the commander of the Bulgarian navy rear admiral..

published on 7/12/24 1:27 PM