We need to reduce costs and stabilise the budget’s revenue side, because at some point we may face liquidity shortage, caretaker Minister of Finance Rositsa Velkova said an in interview for the BNR.
The Finance Ministry has prepared three versions of the state budget, but the one that will be coordinated with the ministries, employers and trade unions envisages a deficit of 6.6%. "It is formed while maintaining all existing policies and regulations without changing the budgets’ revenue and expenditure sides", Minister Velkova explained. Rositsa Velkova said that Bulgaria’s budget will end 2022 with a 5.4% deficit on an accrual basis and a 3.4% deficit on a cash basis.
Most of the country will be cloudy on Thursday . Showers will occur in the afternoon in the south-west and in isolated places in the north-east. Minimum temperatures will range from 9°C in the west to 15°C in the east, 12°C in Sofia. Highs will be..
The Council of Ministers has granted the Kozloduy Nuclear Power Plant a derogation from the European regulation on restrictive measures in light of Russia's actions in Ukraine. With this derogation, Bulgaria's only nuclear power plant and its largest..
At today’s meeting, the Council of Ministers approved the opening of a consulate of Namibia in Bulgaria, headed by an honorary consular official based in Sofia. Bulgarian Mihail Mihaylov will take on the role of honorary consular official. He served..
Sofia’s urban subway system has proved to be among the most liked in Europe. The Sofia Metro was ranked the second best in Europe,..
Gorna Oryahovitsa will host a review of amateur creativity and a Festival of military brass bands of the Ground Forces. From September..
On Wednesday there will be scattered clouds, which will thicken up in the afternoon. In the Balkan Mountain and the massifs in..
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