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

Old minefield is hampering efforts to extinguish fire on Greek-Bulgarian border

The efforts to put out the fire on the Greek Bulgarian border continue. Two aircraft sent by France under the EU civil protection mechanism will join the efforts in the coming two days , caretaker Prime Minister Dimitar Glavchev said, and went on to..

published on 7/29/24 2:07 PM

Explosion at cellulose factory near Svishtov, the fire has been extinguished

An explosion has occurred at the Sviloza cellulose factory near Svishtov. Two employees from the factory fire service have been injured, Interior Minister Kalin Stoyanov said.  The incident took place at around 11 am. The fire has now been fully..

published on 7/29/24 1:55 PM
Toshko Yordanov (L) and Rumen Radev

By the end of the week it will become clear whether there will be a regular government

President Rumen Radev urged the representatives of the parliamentary group of There Is Such a People (ITN) to begin negotiations with the other political formations in the 50 th National Assembly immediately. Rumen Radev handed ITN the third and..

published on 7/29/24 1:21 PM