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

Government designates Bulgarian airlines for flights to China

The government has designated three Bulgarian carriers to operate international flights between Bulgaria and China. Compass Cargo Airlines will operate scheduled cargo flights on the Sofia-Shanghai-Sofia, Sofia-Jengzhou-Sofia and..

published on 3/27/24 4:40 PM
Assoc. Prof. Atanas Atanasov, PhD - President of NSI.

NSI does not manipulate inflation data, says its president

The NSI data on inflation in the country are not and cannot be manipulated, as the National Statistical Institute is is subject to monthly inspection by Eurostat.   This was stated in Parliament by NSI President Assoc. Prof. Dr Atanas Atanasov. He..

published on 3/27/24 1:15 PM

Survey: Bulgarians are concerned about issues other than the drama in the central government

For two-thirds of Bulgarians the most important problems are unemployment (39%) and the cost of living (26%), according to a representative Eurobarometer survey from February 2024. Healthcare is the next significant concern for 28% of..

published on 3/27/24 11:40 AM