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Finance Ministry says budget surplus will exceed 1 billion Leva at end of March

Photo: BGNES

The budget surplus will, once again, exceed 1 billion Leva (approximately 500 million euro) at the end of March, the Ministry of Finance forecasts.

At the end of February it stood at a little over 800 million Leva. Revenues from taxes have increased compared to last year, as has expenditure, but the latter is due most of all to higher payments for health and social insurance as a result of the increase in pensions in July 2016 and of the minimum wage in January. 




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