In an official letter, BNR Director General Andon Baltakov has called on parliament to change the text of the State Budget Act, allowing the government to cut funding for public radio. The budget of the Bulgarian National Radio for the current year..
“A budget update will only be necessary if the pandemic situation worsens,” outgoing finance minister Kiril Ananiev stated in parliament. The government has given 2.6 billion euro for the fight against Covid-19 in the period from the..
Debt securities totaling 150 million euros are offered at an auction today, BNR reporter Marta Mladenova informed. The Ministry of Finance is offering 5-year zero-interest bonds. Since the beginning of 2021, the state has..
Sofia's budget for 2021 is over 963 million euros, Mayor Yordanka Fandakova said. The main priorities are repairs and construction of roads, sewerage systems, providing more places for children in kindergartens, improving air..
According to preliminary Ministry of Finance data, the budget deficit at 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..
Bulgaria's budget cash balance at the end of October was positive at over 334 million euros, the Ministry of Finance said. The fiscal reserve is 6.74 billion euros, BTA reported. Profit of banks in this country has reached 407 million euros,..
The budget deficit will be able to exceed 3% of gross domestic product in exceptional circumstances. This was decided by the parliament with the adoption of amendments to the Public Finance Act at second reading. According to the current regulations,..
A government's decision issued today requires institutions to save money because of the coronavirus crisis. Institutions will have to analyze upcoming payments and look for ways to save money of their budgets by the end of the year. The news has been..
Bulgaria retains the chance to avoid downward spiral in the current Covid-19 crisis thanks to the help of the anti-crisis measures and the emergency capital injections in its health and financial system. This country can revive its..
Prime Minister Boyko Borissov has announced that he guarantees the state would have money no matter who ruled. In his web profile, Borissov said he had instructed Minister of Social Affairs Denitsa Sacheva and Deputy Prime Minister Tomislav..
