Bulgais's Finance Ministry Plans Bufget Deficit of Three Percent in 2022
The Finance Ministry is planning the budget deficit to drop to 3 per cent in 2022 and 2.
The Economy Committee at the Bulgarian Parliament convenes Wednesday to examine possibilities of collecting additional resources for the budget from unfulfilled privatization obligations.
The Members of the Parliament are discussing the possibilities to obtain the defaults determined by the court and the Agency for Post-Privatization Control.
According to the Committee's Chair, Martin Dimitrov from the rightist Blue Coalition, the amount that could enter the budget is estimated at BGN 1,1 B.
The Director of the Agency for Post-Privatization Control says the lack of enough property assets to be used to fulfill the obligations and the reduced property market were the main reasons for the privatization amounts to not be entering the budget.
Finance Minister, Simeon Djankov, the Minister of Economy, Energy and Tourism, Traicho Traikov and the leadership of the Agency for Post-Privatization Control are attending the meeting as well.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
According to recent data from the Confederation of Independent Trade Unions of Bulgaria (CITUB), the financial strain on Bulgarian households continues to intensify
Experts suggest that Bulgaria's admission to the Eurozone is more realistic in January 2026
February witnessed a surge in remittances from Bulgarians residing abroad, reaching a remarkable EUR 110.5 million, marking the highest value since last July
Amidst financial fluctuations and strategic fiscal decisions, Bulgaria's Minister of Finance, Lyudmila Petkova, unveils the nation's robust fiscal reserve, standing tall at BGN 10.9 billion as of April 18th
Sofia, the vibrant capital of Bulgaria, is experiencing a surge in its economic landscape, surpassing the average European standard of living, according to senior researcher Peter Ganev from the Institute for Market Economics
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022