Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Caretaker Minister of Finance: We need to reduce costs and stabilize the budget’s revenue side

Caretaker Minister of Finance Rositsa Velkova
Photo: Maria Fileva

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.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Turbot quota for Bulgaria up by 10%

Over the next four years, the allowed catch for turbot in Bulgaria will be within the range of 82.5 tons. This is 10% more compared to the current allowed catch, the Ministry of Agriculture and Food says. The same quota has been set down for Romania..

published on 11/8/24 12:15 PM

ITN has collected more signatures than necessary for approaching the Constitutional Court for a partial annulment of the election

There Is such a People (ITN) has collected 67 signatures and are submitting a complaint to the Constitutional Court for the partial annulment of the election for parliament on 27 October 2024. At a press conference in the National Assembly..

published on 11/8/24 11:59 AM
Atanas Ilkov

Caretaker Interior Minister Atanas Ilkov blames National Theatre director for escalation of tensions at last night’s protest

The protest in front of the National theatre was pre-announced and more than 60 law enforcement officers were dispatched to secure the theatre building, caretaker Interior Minister Atanas Ilkov said in an interview with public service TV BNT. After..

published on 11/8/24 10:40 AM