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

Pension expenditure increases by nearly EUR 450 million

Photo: BGNES-archive

Bulgaria’s caretaker cabinet approved a report on the implementation of the state budget for the first 9 months of 2021. At the end of September, the fiscal surplus exceeded EUR 500 million. According to this country’s Ministry of Finance, revenue collection is going according to plan. However, the planned capital expenditure is lagging behind schedule. It amounts to EUR 61 million, whereas the planned capital expenditure is to the tune of EUR 1.2 billion.

Pension expenditure increased by nearly EUR 450 million, due to the monthly supplements paid to all Bulgarian pensioners. Health expenditure is also higher and is due to the coronavirus pandemic.




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

Parliament approves construction of reactors 7 and 8 of NPP Kozloduy

The National Assembly voted, at second reading, to give the go-ahead to cooperation with the US for the construction of reactors 7 and 8 of the Kozloduy Nuclear Power Plant. Parliament greenlights nuclear project with US technology..

published on 3/21/24 12:03 PM

Public procurement for the expansion of gas pipeline from Greece to Romania announced

"Bulgartransgaz" has announced a public procurement for "Organizational planning, investment design, supply of necessary materials and equipment, construction and commissioning of new facilities for the expansion of the gas..

published on 3/20/24 11:18 AM
Jean-François Dauphin, head of the IMF mission

Bulgaria can become part of the Eurozone in 2025, says IMF's Jean-Francois Dauphin

The head of the regular mission of the International Monetary Fund in Bulgaria, Jean-Francois Dauphin, has presented the results of the review of the Bulgarian economy and financial system . The fund's mission began on March 6 and ends today...

published on 3/19/24 4:32 PM