According to preliminary Ministry of Finance data, the budget deficitat 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 2020 the direct fiscal stimuli from the national budget, including the social and economic measures aimed at tackling the impact of the pandemic, as well as the funding for front line units, amounted to around 1.4 billion euro. These sums include around 400 million euro redirected from European funds. The fiscal reserve is in excess of 6 billion euro. These results show that a good fiscal policy has been maintained, the Ministry of Finance points out.
Reporting by Marta Mladenova, Horizont channel
We need to unite within the framework of the law to prevent price speculation after the adoption of the euro, the chairman of the Commission for Protection of Competition (CPC) Rosen Karadimov said at a press conference. "There..
The new Bulgarian F-16 Block 70 fighter aircraft, which arrived at Graf Ignatievo air base on 2 April, has conducted the first flight of the procedures in the country connected with its integration into the Bulgarian air force, Bulgarian public..
“We expect a good harvest of high-quality wheat which will cover the demand inside the country as well as export after the harvest. Around 90% of the crops are in good and very good condition,” said Deputy Minister of Agriculture and Food Yanislav..
The construction of the Vertical Gas Corridor is a symbol of European partnership, technology transfer and the creation of cooperatives..
Despite the measures taken, at the end of 2024, 21.8% of the positions in the Bulgarian army remained unfilled, a report on the state of defence and..
The need for a direct air connection Sofia - Dushanbe, the specific steps for its implementation, as well as the expansion of exports..
+359 2 9336 661