According to preliminary Ministry of Finance data, the budget deficitat the end of December amounted to 1.8 billion euro, or 3% of the GDP which is a better result than the 4.4% set down in the updated version of the budget for 2020.
In 2020 the direct fiscal stimuli from the national budget, including the social and economic measures aimed at tackling the impact of the pandemic, as well as the funding for front line units, amounted to around 1.4 billion euro. These sums include around 400 million euro redirected from European funds. The fiscal reserve is in excess of 6 billion euro. These results show that a good fiscal policy has been maintained, the Ministry of Finance points out.
Reporting by Marta Mladenova, Horizont channel
Education Minister Krasimir Valchev is set to propose a public debate on banning social media for children under 15, reports BNR correspondent Nezabravka Kirova from Silistra, where the minister officially opened the new gym at the Atanas Burov..
Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of Foreign Affairs announced on X. He was one of seven detainees freed early this morning. Thirteen more..
"We women must turn innovation into our ally, not a new barrier to human rights. We cannot allow women to bear the hidden cost of digital progress and artificial intelligence,' said Vice President Iliana Yotova, who is currently attending the 'Global..
Matan Angrest, who holds Bulgarian and Israeli citizenship, was among the twenty hostages released by Hamas in the Gaza Strip , the Israeli Ministry of..
Education Minister Krasimir Valchev is set to propose a public debate on banning social media for children under 15, reports BNR correspondent Nezabravka..
An initiative committee led by the historian Georgi Markov, has proposed that a monument to Khan Asparuh, the founder of the Bulgarian state, be erected..
Cloudy
Overcast, rain
Mostly Cloudy
Rain