Text size

Bulgaria increases government debt to 19.84 billion euros due to Covid-19 crisis

published on 10/22/20 1:02 PM

Photo: BGNES

Bulgaria's government debt will increase to BGN 38.8 billion /EUR 19.84/ by the end of 2023. This is written in the draft of the debt management strategy of Bulgaria, published on the website of the Ministry of Finance, BNR reports. In the period 2021-2023, a possibility for a new government debt of BGN 4.5-6.8 billion /EUR 2.30-3.48 billion/ has been envisaged.

The need for a significant increase in liabilities is justified by the measures taken because of the Covid-19 crisis.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Up-to-date information Covid-19 crisis government debt Ministry of Finance

More from category

Bulgaria’s National Assembly fails to secure the necessary quorum for the third consecutive day

For the third consecutive day, Bulgaria’s National Assembly failed to secure the necessary quorum of 121 MPs to hold a session. Only 111 out of a total of 240 MPs were present in the plenary hall. The same happened on the previous two days. On..

published on 9/26/25 10:47 AM

Prime Minister Zhelyazkov at the meeting with Joel Kaplan, Chief Global Affairs Officer at Meta

Meta is interested in investing in Bulgaria after 2028

Meta, the parent company of Facebook and Instagram, is interested in investing in Bulgaria, Prime Minister Rosen Zhelyazkov announced. "The discussion took place after the meeting with General Electric, during which we talked about small modular..

published on 9/26/25 10:35 AM

Bulgaria welcomes the UN80 initiative, Premier Zhelyazkov says in New York

"Bulgaria welcomes the UN80 initiative as a step toward a stronger organization and supports reforms in the United Nations", said Prime Minister Rosen Zhelyazkov during a meeting with the United Nations Secretary-General António Guterres,..

published on 9/26/25 8:59 AM