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

Balance of Bulgaria’s state budget to remain positive by end 2020: expert

Petar Ganev
Photo: BGNES-archive

A surplus to the tune of EUR 450 million has been registered in Bulgaria’s state budget in the first nine months of 2020. A lot of money is to be spent in the last months of 2020 for another consecutive year. The big surplus is due to capital expenditure. Therefore, it does not seem to me that there will be serious amendment to the state budget, Petar Ganev from the Institute for Market Economics commented for BNR.

Petar Ganev predicted that it is unlikely that the European Union will suspend EU funds for Bulgaria in 2021. On the opposite, more money is to be absorbed in this period in response to the coronavirus crisis, the expert contends. However, the budget deficit will be higher due to the measures adopted against the Covid-19 crisis. 




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

Transport Minister Karadzhov: Someone is trying to test the airport's security systems

An incident involving a drone that entered the Sofia Airport area on February 7, causing the disruption of 6 flights, led to a meeting today initiated by Deputy Premier and Minister of Transport and Communications, Grozdan Karadzhov. The meeting..

published on 2/10/25 5:47 PM

Bulgaria participates at the Lisbon Food Affair

Bulgaria is participating at the Lisbon Food Affair (LFA) – the largest food trade fair in Portugal, which opened today and will run until February 12, reported BTA . The national pavilion of Bulgaria is located in the specialized food hall –..

published on 2/10/25 5:30 PM

Doctors from India to specialise in Pernik

Doctors from India will specialise at the Rachila Angelova Hospital in Pernik. Under the supervision of mentors, they will work in the children's ward, the neurology department and the first internal ward, reports BNR correspondent Elena Tamakyarska...

published on 2/10/25 4:14 PM