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

Expected budget surplus for first half of 2016 at 3.5% of GDP

Photo: BGNES

The expected budget surplus for the first six months of 2016 is 3.5% of the GDP, Finance Minister Vladislav Goranov said. "I can state that we will be far from the 2% deficit laid out in the consolidated fiscal program for this year. We expect a surplus at about 3.5% of GDP for the first half of 2016. This is a good result that guarantees the stabilization of public finances”, Goranov explained. He added that based on moderate optimism it could be claimed that Bulgaria – against the background of the geopolitical and economic instability – had fared relatively well, in fact much better than in recent years.




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

One more group of Bulgarian citizens return from Lebanon

The first group of Bulgarian citizens evacuated from Lebanon with the help of Canada came home last night, the Bulgarian Foreign Ministry has announced. This took place in close coordination between the Foreign Ministry’s Situation Centre, the..

published on 10/5/24 9:25 AM

Warning of hazardous precipitation across Bulgaria

On Saturday, the lowest temperatures will be between 14 and 19°C; in Sofia - about 16°C. In the western regions, the highest temperature will be 19-20°C, while in the eastern regions of the country the temperature will reach up to..

published on 10/4/24 6:55 PM

EU's court lifts requirement for trucks to return to operational centre every two months

The Court of Justice of the EU has overturned part of European legislation requiring trucks for international transport to return every two months to the carrier's base. With its decision, the institution confirmed all other..

published on 10/4/24 4:31 PM