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.
On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly sunny. In the Danube Plain it will be foggy. Until noon it will also be foggy along the river..
The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..
Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..
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