No Investment Projects Involving Bulgarian Govt Loans, Guarantees Next Year

Business | April 27, 2016, Wednesday // 13:29
Bulgaria: No Investment Projects Involving Bulgarian Govt Loans, Guarantees Next Year File photo

The 2017 budget of Bulgaria will not foresee any decisions on investment projects that require funding through state loans or the issuance of state guarantees, the government has decided.

At a cabinet meeting, ministers have agreed the move will allow for coherence in applying fiscal solidarity measures.

It will also provide for adherence to fiscal goasl, in view of restrictions to public expenses according to the midterm budget forecast for 2017-2019.

We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!

Business » Be a reporter: Write and send your article
Tags: loans, state guarantees

Advertisement
Advertisement
Bulgaria news Novinite.com (Sofia News Agency - www.sofianewsagency.com) is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." Novinite.com (Sofia News Agency - www.sofianewsagency.com) and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria