At the end of March, the budget had a surplus of 700,000 euros. The crisis will still affect the treasury, the government said after checking the execution of the state budget in early 2020.
At the end of March, the fiscal reserve is over 5 billion euros. The negative effects of the pandemic are still expected, such as the extension of the terms for corporate income taxation and the reduction of trade turnover. It is expected that the parameters of budget implementation will appear more clear in the second and third quarters of the year.
In order to support investments, we do not envisage limiting the payments on large infrastructure projects, Prime Minister Boyko Borissov said.
The second and third payments under the Recovery and Resilience Plan are expected by the end of the year, confirmed Deputy Minister of Finance Metodi Metodiev. He participated in a meeting of the budget committee in parliament, at which the..
A damaged surface drone was destroyed today about 80 km east of Varna in the waters of the Black Sea by the Bulgarian Navy , the Ministry of Defense announced. The drone was discovered on September 15 by the Navy, in cooperation with allied forces..
The water problem in recent years has not only not been solved, but has also been exacerbated by the lack of coordinated actions between institutions , the state and municipalities. With these words, Prime Minister Rosen Zhelyazkov opened the first..
Motorway Europe-A6, which is 63 kms. long, has been put into operation. Connectivity between the Orient and Western Europe is now a fact, Minister of..
Bulgaria is ready to down Russian drones. The Northeastern part of the country is actively being monitored, Minister of Defence Atanas Zapryanov..
In order for young people to be adequately prepared for the challenges of contemporary life and the demands of today’s labour market, education needs to..
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