Podcast in English
Text size
Bulgarian National Radio © 2025 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

Rumen Radev (L) and Hakan Fidan (R)

Rumen Radev and Hakan Fidan discuss connectivity between Bulgaria and Türkiye

Expanding connectivity between Bulgaria and Turkiye is an investment in the development of the entire region, President Rumen Radev said at a meeting with Türkiye's Minister of Foreign Affairs Hakan Fidan within the framework of the Munich Security..

published on 2/15/25 5:09 PM

A new law will normalize pricing along the supply chain

The Ministry of Agriculture and Food will draft a law aimed at normalizing relations along the entire supply chain – from primary production, through processors, the distribution of primary products and food, as well as wholesale and retail trade,..

published on 2/15/25 2:50 PM
Bulgaria’s Premier Rosen Zhelyazkov

Bulgaria's cabinet holds emergency meeting on food prices

Bulgaria’s Premier Rosen Zhelyazkov convened an emergency meeting at the Council of Ministers on Saturday dedicated to the issue of food prices. On February 13, some Bulgarians participated in a boycott of food retail chains. Measures for..

published on 2/15/25 1:16 PM