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Bulgaria's Council of Ministers approves draft budget for 2021.

Photo: Ani Petrova, BNR

The Bulgarian Government has pproved and submitted to the National Assembly the draft state budget for 2021. Among the priorities of the draft budget are the income, education, health, social, pension and defense policies. 

Additional expenditures are provided for the budgets of the Ministry of Foreign Affairs - over 500,000 euros and the Ministry of Culture - over 50,000 euros. 

The Government Debt Management Strategy for the period 2021-2023 has also been approved. Its main goal is to provide funds for refinancing the debt in circulation, financing the state budget deficit and securing the fiscal reserve, at an optimal price and an acceptable degree of risk.



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