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2021 budget deficit may exceed 3% of GDP: Finance Ministry proposal

In case of exceptional circumstances, the budget deficit may exceed the threshold set at 3% of the GDP ,a draft of Bulgaria’s Ministry of Finance reads, investor.bg informs. The global Covid-19 pandemic and economic stagnation put the fiscal..

29.09.20 10:52 |

Bulgaria adopts budget deficit policy to deal with COVID-19 crisis

The Bulgarian cabinet increased the allowable 2020 budget deficit to 2.9% of the gross domestic product a t an extraordinary video-conference sitting . Shifting  from the initially-planned balanced budget to budget deficit aims to finance the..

31.03.20 07:39 |

Expected budget surplus for first half of 2016 at 3.5% of GDP

The expected budget surplus for the first six months of 2016 is 3.5% of the GDP, Finance Minister Vladislav Goranov said. "I can state that we will be far from the 2% deficit laid out in the consolidated fiscal program for this year. We expect a..

30.06.16 13:00 |
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