Bulgarian Finance Minister: Customs Agency Proceeds To Increase by BGN 2 B for 2016
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%.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgarian Household Incomes Offset by Inflation in 2023
According to the latest data released by the National Statistical Institute, Bulgarian household incomes experienced a remarkable surge in 2023, reaching an average of BGN 10,846 per household member.
Report Shows Bulgarians Have Doubled Their Wealth in a Decade
The National Statistical Institute's latest report unveils a marginal annual increase in the income of Bulgarians in 2023 compared to their expenses, marking a reversal of the trend observed in 2022
Ex-Economy Minister: Bulgaria Unlikely to Enter Eurozone in Early 2025
In a recent interview on Nova TV, former Minister of Economy Bogdan Bogdanov expressed skepticism regarding Bulgaria's prospects of entering the Eurozone at the outset of 2025
Bulgarian National Bank Chief Targets 2025 Eurozone Access
The path to Eurozone accession for Bulgaria may see a significant milestone in 2025, albeit not at the outset of the year, according to Dimitar Radev, the governor of the Bulgarian National Bank (BNB)
Banking and Government Leaders Rally for Bulgaria's Eurozone Entry
Amidst discussions about Bulgaria's journey towards joining the Eurozone, Deputy Governor of the Bulgarian National Bank (BNB), Petar Chobanov, highlighted the robustness of Bulgaria's banking system, stating it aligns closely with Eurozone standards
IMF Director Urges Bulgaria Not to Miss Euro Adoption Chance
In a recent interview with BTA, Kristalina Georgieva, Managing Director of the IMF, emphasized the importance for Bulgaria to seize the opportunity to adopt the euro, stressing that it is achievable with the right political will