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National Assembly adopts state budget update at first reading

Photo: BGNES

GDP growth of 3.5% with increased household consumption by 2.8% and expected annual growth of 3.6%. This is envisaged in the update of the state budget which the National Assembly adopted at first reading.

The budget deficit for this year will reach 5.6 billion Leva or 4.4% of the projected GDP. The average annual unemployment rate set down is 5.3%. During the debates, all parliamentary groups declared that before the second reading they would make proposals for significant amendments in the way the revenue and expenditure is determined, as well as in the structuring of expenses. 



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