6 Articles
6 Articles
The budget deficit will increase to 3 billion euros by the end of August, according to the forecast of the Ministry of Finance. This is 2.6% of GDP, the same ratio as last year at this time. Then our country ended the year with a deficit of over 3.5 percent, BNT reported. Revenues as of the end of August are now over 30 billion euros, or 11.9% more than last year. Expenditures are also growing, but more slowly - the increase is 11.8 percent. The…
After the deficit in the consolidated budget narrowed to 1.7% of GDP in July, in August the deficit increased again to 2.4% of the estimated GDP or 3 billion euros, according to preliminary data from the Ministry of Finance. In the seventh month of the year, the improvement in the balance was mainly due to the received fourth payment under the Recovery and Resilience Plan (RRP) in the amount of nearly 900 million euros, and now the deterioration…
The budget deficit at the end of August was 3 billion euros or 2.4% of GDP. This is according to the preliminary estimate of the Ministry of Finance. The deterioration compared to July is mainly due to the concentration of significant payments for...
The budget deficit at the end of August reached 3 billion euros, or 2.4% of estimated GDP. A month earlier, the treasury deficit was 2.2 billion euros, or 1.8% of GDP.
Bulgaria's budget deficit reached €3 billion by the end of August 2026, preliminary data and estimates from the Ministry of Finance show. This represents 2.4% of projected GDP and is the most important indicator in the new budget execution data. Just a month earlier, the deficit under the consolidated fiscal program was around €2.2 billion, or 1.8% of projected GDP, which means a deterioration of nearly €800 million in August. The increase comes…
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