Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The budget deficit will probably reach 6%: GERB

Kiril Ananiev
Photo: BGNES, archive

Calculated on the basis of the 2022 budget submitted, the deficit for this year is envisaged at 4.1%, commented Kiril Ananiev from GERB party at a briefing, as quoted by BTA. However, Kiril Ananiev says, that is not the real figure because at the end of last year the cash outflow registered was more than 2 billion LEVA (EUR 1 billion) and the figure will more likely be around 6%.

According to Ananiev, this is the first Bulgarian government which does not have a programme of its own. “I have 30 years of work at the Finance Ministry and I cannot remember a budget ever having been done this way, with the exception of 1997 when the budget was done every month,” Kiril Ananiev said and added: “I wouldn’t want us to revert to that old practice.”



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

Rain to continue into the weekend

Saturday will be cloudy with cumulus and cumulonimbus clouds, especially in the afternoon. Rain will fall in many places, with thunderstorms in some areas. Winds will be moderate west-northwest. Maximum temperatures will be between 14° and 19°C, around..

published on 4/4/25 7:05 PM

21 years since the tragedy in the River Lim in which 12 Bulgarian children lost their lives

It is 21 years today since the tragedy in the River Lim on the border between Serbia and Montenegro, in which 12 Bulgarian children were killed. On 4 April, 2004, a group of 34 students and 16 adults from Svishtov were returning home from a school..

published on 4/4/25 5:22 PM

Bulgaria, Azerbaijan, Turkey and Georgia sign green energy cooperation pact

Bulgaria, Azerbaijan, Turkey and Georgia have signed a Memorandum of Understanding in Baku on cooperation in the transmission and trade of green energy.  The document was inked by the energy ministers of Bulgaria and Azerbaijan, Zhecho Stankov and..

published on 4/4/25 4:34 PM