Bulgarian Finance Minister: Customs Agency Proceeds To Increase by BGN 2 B for 2016

Business » FINANCE | October 25, 2016, Tuesday // 19:18
Bulgaria: Bulgarian Finance Minister: Customs Agency Proceeds To Increase by BGN 2 B for 2016 BGNES

At a national scale, it is very probable that proceeds from the Customs Agency for 2016 will exceed by BGN 2 B proceeds for 2015. This is a good result and it will allow us to reduce the budget deficit to zero, stated Finance Minister Vladislav Goranov, cited by BTA.

The implementation of the budget by end-September marked a surplus of BGN 3.4 B but with palpable lack of fulfillment with respect to the expenditures part. The Budget Act provides for a deficit of 2%.

 

 

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Tags: Goranov, budget, budget act, deficit, expenditures, Customs Agency, surplus, proceeds
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