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

State budget surplus has melted away by 150 million euro

Photo: BGNES

The state budget surplus has melted away by almost 150 million euro in the space of one month. At the end of September, it was more than half a billion euro, at the end of October it stands at 362.5 million euro.

According to the Ministry of Finance, the main reason for this are the social and health insurance payments. As of 1 October, the monthly supplement for pensioners went up from 25 to 60 euro. With health insurance costs, the sums have dwindled because of the efforts to contain the pandemic and the mechanisms for financing medical establishments in the conditions of the extraordinary epidemic situation.

And while, as is usual, the growth in expenditure has been increasing in recent months, the growth of the revenue collected has begun to slow down. A monthly deficit of 171.5 million euro is even expected in October. 

As of the end of September there was 5.1 billion euro in the fiscal reserve.



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

Cloudy and warm, with a maximum of 30°C

On Saturday, after the expected overnight rainfall, morning temperatures will range between 8°C and 13°C. In Sofia, it will be around 11°C. During the day, clouds will be mostly significant but high. Winds will increase from the south-southwest,..

published on 3/14/25 7:05 PM

The emblematic monument of Hristo Botev in Bulgaria's Vratsa dismantled for restoration

The emblematic monument of Bulgaria's national hero - the poet-revolutionary Hristo Botev in the center of the city of Vratsa has been dismantled for restoration . For this purpose, the nine-meter statue will be transported to a specialized workshop in..

published on 3/14/25 5:38 PM

Provadiya-Solnitsata prehistoric complex nominated for European Heritage Label

The prehistoric complex "Provadiya-Solnitsata" - the oldest salt production and urban centre in Europe (5600 - 4350 BC) - is among the sites nominated for the European Heritage Label 2025. This year, the European Commission received a total of 21..

published on 3/14/25 5:15 PM