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 surplus at about 3.5% of GDP for the first half of 2016. This is a good result that guarantees the stabilization of public finances”, Goranov explained. He added that based on moderate optimism it could be claimed that Bulgaria – against the background of the geopolitical and economic instability – had fared relatively well, in fact much better than in recent years.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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