Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

At the end of May Bulgaria reported positive budget balance

Photo: library

The state budget balance as of May 31, 2020 is positive, totaling over 671 million euros, the Ministry of Finance has reported. The positive balance is formed as revenues are 422 million euros more than expenditures. Separately, 249 million euros were received from European funds.

As of May 2020, this country has received revenues of over 9 billion euros, which is 39.7 percent of the planned annual revenues. Tax and non-tax revenues decreased compared to May 2019 by EUR 741 million or 8.2% less. Revenues from EU funds and programs for the same period rose by EUR 187 million or 37%. Fiscal reserve at the end of May 2020 reached 5.2 billion euros.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

MPs face seventh failed attempt to elect Parliamentary Speaker

In a record-long session lasting 18 days, Bulgarian MPs made a seventh failed attempt to elect a speaker of the National Assembly. After several breaks and a re-vote for the oldest MP, Silvi Kirilov from “There Is Such a People" (ITN), only a few..

published on 11/28/24 3:26 PM

Delyan Peevski says he can form a cabinet if given the opportunity

The leader of “МРФ – New Beginning” Delyan Peevski has expressed his readiness to take the post of prime minister. “When we are the first party, I will form a government,” he said on the sidelines of the National Assembly. “If the Bulgarians give..

published on 11/28/24 2:51 PM
Boyko Borissov

Boyko Borisov: There is no chance for GERB-SDS, PP-DB, BSP-United Left and ITN to form a cabinet

The chairman of GERB Boyko Borisov once again stated that the winning formula for forming a regular government is for it to be supported by GERB-SDS, “We Continue the Change – Democratic Bulgaria”, “BSP – United Left” and ITN. However, he clarified that..

published on 11/28/24 2:42 PM