Text size

Finance Minister: The budget will last all year, regardless of who is in power

published on 12/24/20 9:51 AM

Finance Minister Kiril Ananiev

Photo: Press Office of Ministerial Council

No matter which government will be in power, the new budget will last, even if the epidemic gets worse. This position was expressed by Bulgaria's Finance Minister Kiril Ananiev in an interview for BNT. He believes that the budget has no alternative.

"We have saved thousands of people, and in some cases hundreds of thousands," the minister said, referring to the support measures for businesses and employees affected by the crisis.

"If the measures did not exist, Bulgaria would be at the level of Western European countries with a budget deficit of over 10%," he said, stressing that Bulgaria's deficit is the lowest in the EU.

Kiril Ananiev predicts that Bulgaria will enter the eurozone in 2024 at the latest.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Finance Minister Kiril Ananiev measures state budget

More from category

Bulgargaz proposes 8% increase in natural gas price for November

The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..

published on 10/16/25 5:18 PM

BNB calls on the state to pursue conservative financial policy

The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..

published on 10/16/25 11:28 AM

Bulgaria’s Minister of Finance proposes that December 31 and January 2 be declared non-working days due to euro changeover

For the first time, Bulgaria’s Minister of Finance Temenuzhka Petkova took part as an observer in the regular meeting of the Eurogroup held in Luxembourg, the Ministry of Finance said. Until now, Bulgaria has only participated in Eurogroup..

published on 10/10/25 10:30 AM

WEATHER

Pick city: Sofía

Partly cloudy, chance of rain
Min: 8 | Max: 18

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Allianz Trade forecasts Bulgaria as one of CEE’s fastest-growing economies

The annual growth of Bulgaria's gross domestic product will remain above 3% in the period 2025-2027 , according to a report by commercial credit insurer..

published on 10/22/25 2:38 PM

Share