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.

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Tags: Georgi Bliznashki, budget, draft, update, GDP, deficit
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