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

The budget deficit will probably reach 6%: GERB

Kiril Ananiev
Photo: BGNES, archive

Calculated on the basis of the 2022 budget submitted, the deficit for this year is envisaged at 4.1%, commented Kiril Ananiev from GERB party at a briefing, as quoted by BTA. However, Kiril Ananiev says, that is not the real figure because at the end of last year the cash outflow registered was more than 2 billion LEVA (EUR 1 billion) and the figure will more likely be around 6%.

According to Ananiev, this is the first Bulgarian government which does not have a programme of its own. “I have 30 years of work at the Finance Ministry and I cannot remember a budget ever having been done this way, with the exception of 1997 when the budget was done every month,” Kiril Ananiev said and added: “I wouldn’t want us to revert to that old practice.”



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

61% of Bulgarian parents support mandatory vaccines

61% of parents in Bulgaria support mandatory vaccines and 95% of general practitioners advise parents to vaccinate their children, in order to protect them from a number of diseases. This is shown by a nationally representative..

published on 4/24/24 2:19 PM

New council to coordinate policies for Bulgarians abroad

A Council for Coordination of Policies for Bulgarians Abroad is being established. This will be a permanent advisory body to the Council of Ministers, the parliament decided during the second reading of changes to the Law on Bulgarians..

published on 4/24/24 1:28 PM

MEPs are concerned about Russian interference in the Bulgarian elections on June 9

MEPs are concerned about Russian interference in the upcoming elections on June 9, and the properties on the territory of Bulgaria currently owned by Russian authorities, reads a draft resolution of the European People's Party on new allegations of..

published on 4/24/24 11:17 AM