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

Kristalina Georgieva calls for increasing revenues and reducing deficit

Photo: BGNES -library

Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.

"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.



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

On a personal level 60% of Bulgarians are satisfied with 2024 and 47% are optimistic about 2025

Nearly 2/3 of Bulgarians said they were happy in 2024, while 26% responded negatively in the traditional end-of-year survey by Trend, commissioned by the 24 Chasa newspaper. Personal life, family, social circle and work are..

published on 12/20/24 11:01 AM

Rayna Mandzhukova: "Bulgarians abroad are heroes"

Severino Kozhuharov, co-owner of the newspaper "BG BEN", which is published in the UK, presented an honorary award "best partner and active contribution to the development of the newspaper "BG BEN" for 2024 to the chairman of the..

published on 12/20/24 9:18 AM

Hungarian Prime Minister Viktor Orban arrives in Bulgaria at the invitation of President Radev

Bulgarian Head of State Rumen Radev will meet today at the presidency building in Sofia with Hungarian Prime Minister Viktor Orbán.  The Hungarian guest is visiting Bulgaria at the invitation of the Bulgarian president. Among the..

published on 12/20/24 7:10 AM