After a mammoth 20-hour sitting, the Bulgarian MPs finally adopted the state budget for the year. It is calculated with a deficit of 3% - on an accrual basis, and preserves a large part of the initial capital programme. The budget is expected to be..
We need to reduce costs and stabilise the budget ’s revenue side, because at some point we may face liquidity shortage, caretaker Minister of Finance Rositsa Velkova said an in interview for the BNR . The Finance Ministry has prepared three..
About half of the revenues in the state treasury come from the activities of Sofia enterprises, and 35% of them are from large taxpayers . This was announced by the caretaker Minister of Finance Assen Vassilev during the first public council on budget..
Revenues to Bulgaria's National Revenue Agency (NAP) as of April 28, 2021 are close to 4.4 billion euros, which is over 450 million euros more than in the same period of 2020, the agency announced. The record revenues from taxes and social security..
The total revenues to Bulgaria's National Revenue Agency (NRA) in 2020 amount to BGN 25 billion (EUR 12.8 billion). This means the revenues are BGN 700 million (EUR 358 million) more than the planned revenues and BGN 1.1 billion (506 million) more than..
The budget deficit for 2020 is expected to amount to BGN 3.6 billion (EUR 1.84 billion) instead of the BGN 5.2 billion (EUR 2.65 billion) recorded in the law. Bulgaria's Finance Ministry forecasts that the deficit will be 3% of the expected GDP. The..
Revenue in tourism from accommodation in July plummeted by 64.6% compared to July 2019, National Statistical Institute data show. The decline is steepest with revenue coming from foreign tourists - 77.1%, with Bulgarian tourists the drop..
