In case of exceptional circumstances, the budget deficit may exceed the threshold set at 3% of the GDP,a draft of Bulgaria’s Ministry of Finance reads, investor.bg informs. The global Covid-19 pandemic and economic stagnation put the fiscal frameworks of a large number of countries, including Bulgaria, to a severe test, the motifs of the Finance Ministry read.
According to the proposal, the expenditures made with EU financing, including the national co-financing, should not be included in the budget deficit. The proposal also reads that unspent funds can be used to implement other priority policies.
The Ministry of Innovation and Growth has presented the country’s first interactive investment map . The platform aims to provide Bulgarian and foreign investors with useful and up-to-date information in one place, making it easier for them to make..
The Bulgarian state-owed natural gas supplier Bulgargaz has proposed that the price of natural gas for November increases by around 8% to nearly 66 BGN per megawatt-hour, excluding fees and taxes, reported BNR's journalist Yuliana Kornazheva. The..
The growth of the national economy in the second quarter of 2025 accelerated by 3.5% on an annual basis. According to an analysis by the Bulgarian National Bank - BNB, the main factors for the acceleration are the decrease in imports..
No disruptions or price increases are expected on Bulgaria’s fuel market following the US sanctions imposed on Russian oil companies Rosneft and Lukoil,..
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