Podcast in English
Audio Player
Text size
Bulgarian National Radio © 2025 All Rights Reserved

2021 budget deficit may exceed 3% of GDP: Finance Ministry proposal

Photo: dnevnik.bg

In case of exceptional circumstances, the budget deficit may exceed the threshold set at 3% of the GDP,a draft of Bulgaria’s Ministry of Finance reads, investor.bg informs. The global Covid-19 pandemic and economic stagnation put the fiscal frameworks of a large number of countries, including Bulgaria, to a severe test, the motifs of the Finance Ministry read.

According to the proposal, the expenditures made with EU financing, including the national co-financing, should not be included in the budget deficit.  The proposal also reads that unspent funds can be used to implement other priority policies.




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

The tourism sector in Bulgaria is ready to work with the common European currency

Tourism is one of the sectors in Bulgaria ready to the greatest extent to smoothly continue working after Bulgaria joins the Еurozone , the executive director of the National Tourism Board, Dr. Polina Karastoyanova, believes. In tourism, and at this..

published on 3/26/25 2:10 PM
President Rumen Radev and the Ambassador of Japan to Bulgaria H.E. Hisashi Michigami

Bulgaria and Japan keen on developing strategic economic partnership

Bulgaria can be a strategic partner of Japan for the region of Eastern and Central Europe. This was stated by   Bulgarian President Rumen Radev as he welcomed the participants in the business breakfast organized by the Japan-Bulgaria Business..

published on 3/24/25 11:37 AM

Black Sea real estate up 20%

Property prices on the Black Sea coast have risen by 20%, Nova TV reported, citing major real estate agencies in the Burgas region. Most of the buyers are from Bulgaria and are looking to buy large apartments as an investment, mainly for holiday use...

published on 3/23/25 5:32 PM