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Finance Minister: The budget will last all year, regardless of who is in power

published on 12/24/20 9:51 AM

Finance Minister Kiril Ananiev

Photo: Press Office of Ministerial Council

No matter which government will be in power, the new budget will last, even if the epidemic gets worse. This position was expressed by Bulgaria's Finance Minister Kiril Ananiev in an interview for BNT. He believes that the budget has no alternative.

"We have saved thousands of people, and in some cases hundreds of thousands," the minister said, referring to the support measures for businesses and employees affected by the crisis.

"If the measures did not exist, Bulgaria would be at the level of Western European countries with a budget deficit of over 10%," he said, stressing that Bulgaria's deficit is the lowest in the EU.

Kiril Ananiev predicts that Bulgaria will enter the eurozone in 2024 at the latest.

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Radio Bulgaria Economy Finance Minister Kiril Ananiev measures state budget

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