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.
During joint inspections by the National Revenue Agency, the Commission for Protection of Competition and the Commission for Consumer Protection, price increases of between 5 and 83% were found. The chair of the Commission for..
The inaugural International Military Competition, 'Best Warrior', is set to take place on 25 and 26 June 2025 at the Vasil Levski National Military University in Veliko Tarnovo . The tournament is organised by the Ministry of Defence, the Defence Staff..
Sunny weather is in the forecast for Wednesday. It will be hot in the plains and lowlands around and after noon. There will be a light northerly and northwesterly wind, turning to moderate in Eastern Bulgaria. Maximum temperatures will range between..
The head of state commented on the report adopted by the European Parliament’s Foreign Affairs Committee this week on Skopje’s progress in the European..
Cool air will sweep across the country during the night , accompanied by moderate winds from the northwest. Short-lived rain showers and thunderstorms are..
Generation Z is facing serious difficulties coping with stress, according to results from cadet exams at the Vasil Levski National Military University in..
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