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

At the beginning of 2020, budget still has surplus

Photo: BGNES

At the end of March, the budget had a surplus of 700,000 euros. The crisis will still affect the treasury, the government said after checking the execution of the state budget in early 2020.

At the end of March, the fiscal reserve is over 5 billion euros. The negative effects of the pandemic are still expected, such as the extension of the terms for corporate income taxation and the reduction of trade turnover. It is expected that the parameters of budget implementation will appear more clear in the second and third quarters of the year.

In order to support investments, we do not envisage limiting the payments on large infrastructure projects, Prime Minister Boyko Borissov said.



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

About 1/6 of the Bulgarian population cannot afford even a week's vacation

Nearly 1 million people in Bulgaria cannot afford even a week's vacation. The data are from an analysis by the European Trade Union Institute of the European Trade Union Confederation and were presented by CITUB.  They show that a..

published on 7/30/24 3:13 PM
Sophia and Irina Kushleva

Founders of Richmond's "Zora" Bulgarian School: Let's keep our roots and our Bulgarian spirit!

The story of the Bulgarian Sunday School "Zora" in Richmond began in 2014 in the capital of the US state of Virginia. Ten years ago it had only 14 students; today it has three times that number. Parents spend time and money to send their child to a..

published on 7/30/24 1:21 PM

French planes have joined efforts to put down wild fires at Bulgarian-Greek border

The range of the fire on the Bulg arian-Greek border has increased overnight. The fire has crossed the protective clearing over 2 places into Bulgarian territory but has been contained, authorities said.  All teams have been mobilised and are..

published on 7/30/24 12:02 PM