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

Code Yellow alert for hot weather issued for 21 Bulgarian districts

It will be sunny on Monday. Clouds will form over the northern, central and northeastern parts of the country in the afternoon and the evening with a chance of brief showers. There will be conditions for hail. The lowest temperatures will range from..

published on 7/28/24 5:20 PM

Bulgaria wins 3 medals at the European Girls’ Olympiad in Informatics

The Bulgarian national informatics team won 3 medals and an honorary diploma at the 4th European Girls’ Olympiad  in Informatics. The competition was held from July 21 to 27 in Veldhoven, the Netherlands, said the team leader Rumen Mihov. 196..

published on 7/28/24 2:55 PM
Dragomir Stoynev

BSP and PP-DB hope that the 3rd cabinet-forming mandate will be successful

''The chances of forming a government with the third mandate are slim, but a miracle could happen'', We Continue the Change – Democratic Bulgaria Co-Chairman Atanas Atanasov said. Speaking to BNR, Atanas Atanasov said that the coalition We Continue..

published on 7/28/24 2:27 PM