Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Government debt goes up by 22.5% in the space of one year of pandemic

Photo: archive

The government debt of the country has gone up by 22.5% or 2.72 billion euro in the space of one year.

The debt of the Central Government subsector by the end of February 2021 amounted to 14.8 billion euro, and now accounts for 23.2% of the country’s GDP compared to 18.6% last year, the Ministry of Finance has announced. 

The increase in the government debt is due to the issue of bonds worth 2.5 billion euro on the international markets in September last year. At the end of February, 2021 the external government debt amounted to 11.76 billion euro, and internet debt – 3 billion euro.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria ranks second in the EU for annual economic growth

In the second quarter of 2025, Bulgaria recorded the second-highest GDP annual growth in the European Union with a rise of 3.4% compared to the same period last year, according to Eurostat data. Compared to the previous quarter of 2025, Bulgaria..

published on 9/6/25 4:09 PM

Budget 2025 proves unworkable – the reasons, and what lies ahead

Bulgaria’s state budget for 2025 does not add up. “The genie is out of the bottle – the state has never spent at such a pace,” warn financial experts. With only a few months left in the year, and despite the strenuous efforts of institutions such as the..

published on 9/4/25 12:59 PM
Energy Minister Zhecho Stankov

The deal with Botaş ‘decapitalises’ state-owned supplier Bulgartransgaz, Bulgaria’s energy minister said

Bulgaria’s state gas supplier Bulgartransgaz has been “decapitalised” by a contract with Turkish company Botaş, Energy Minister Zhecho Stankov warned on Thursday, saying the deal could also threaten gas supplies to local district heating companies...

published on 9/3/25 5:13 PM