Caretaker PM Georgi Bliznashki Tables Budget Update Draft In Parliament

Business » FINANCE | October 28, 2014, Tuesday // 07:56
Bulgaria: Caretaker PM Georgi Bliznashki Tables Budget Update Draft In Parliament

Caretaker PM Georgi Bliznashki will table a draft proposal for the an update of Bulgaria's state budget on Tuesday.

According to Bilznashki this must be priority number one on the agenda of the Mps.

According to the draft, the budget deficit will reach 4% of the country's GDP, or by more than BGN 1 B above the initially provided.

The other two parties in the tripartite council – employers and trade unions - have disagreed with the proposed deficit above 3% of GDP and a new state debt.

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

Finance » Be a reporter: Write and send your article
Tags: Georgi Bliznashki, budget, draft, update, GDP, deficit

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