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

Country has stable fiscal reserves: Kiril Ananiev, outgoing finance minister

Kiril Ananiev in parliament
Photo: BGNES

“A budget update will only be necessary if the pandemic situation worsens,” outgoing finance minister Kiril Ananiev stated in parliament.

The government has given 2.6 billion euro for the fight against Covid-19 in the period from the start of the crisis until 31 March, 2021. 920 million euro was spent to support households, 1.13 billion euro - for businesses, and 560 million for the people directly involved in the fight to check the pandemic.

There are fiscal reserves amounting to 4.35 billion euro, 1.8 billion of which is the money from the “silver” retirement fund. During the first quarter of 2021 the treasury had a deficit of 0.5% of the GDP. The national plan for the introduction of the euro is at an advanced stage so as to keep the 30 June, 2021 deadline for its completion, Kiril Ananiev said, and added that the indicative date for membership of the monetary union remains 1 January, 2024.



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

Transport Minister Grozdan Karadjov

Bulgaria to buy 20 passenger trains running on biodiesel

The Ministry of Transport is planning to buy 20 passenger trains running on biodiesel. They will meet dual-mode requirements as they can also run on ordinary diesel, Deputy PM and Minister of Transport and Communication Grozdan Karadjov told..

published on 6/13/25 6:28 PM
Rosen Zhelyazkov (L) and Christian Stocker

PM Zhelyazkov: The military conflict between Israel and Iran is a threat to the security of the entire region

“The military conflict between Israel and Iran is a threat to the security of the entire region,” said PM Rosen Zhelyazkov and expressed the hope that there will be no wider-scale clash. “Because that would mean a truly serious war in the Middle..

published on 6/13/25 5:28 PM

Police staff to undergo additional training regarding actions taken during apprehension of detainees

The Ministry of Interior is planning changes to the guidelines for the use of body cameras by police, as well as additional training for the staff regarding apprehension procedures. This was announced after a meeting between the Ministry..

published on 6/13/25 4:26 PM