We need to reduce costs and stabilise the budget’s revenue side, because at some point we may face liquidity shortage, caretaker Minister of Finance Rositsa Velkova said an in interview for the BNR.
The Finance Ministry has prepared three versions of the state budget, but the one that will be coordinated with the ministries, employers and trade unions envisages a deficit of 6.6%. "It is formed while maintaining all existing policies and regulations without changing the budgets’ revenue and expenditure sides", Minister Velkova explained. Rositsa Velkova said that Bulgaria’s budget will end 2022 with a 5.4% deficit on an accrual basis and a 3.4% deficit on a cash basis.
Bulgaria has sufficient quantities of fuel and the 90-day reserves are secured at around 98%, Asen Asenov, Chairman of the State Reserve and Wartime Stocks State Agency, told bTV. The country has a gasoline reserve for 35 days and a diesel reserve..
Bulgaria’s President Rumen Radev has issued a decree appointing Deputy Minister of Foreign Affairs Maria Angelieva as Bulgaria’s Ambassador to Hungary. The decree was promulgated in State Gazette on Tuesday, reported BTA. Maria Angelieva graduated..
The new modular multi-purpose vessel of the Bulgarian Navy, ''Hrabri'' (Brave), was launched into Varna Lake from the pier of the MTG – Dolphin shipyard. Construction of the modular multi-purpose vessel began in 2022. It is the first of two..
The Sofia City Court has postponed the extradition case of Igor Grechushkin, the owner of a cargo ship linked to the explosion at the port of Beirut in..
The Road Infrastructure Agency (RIA) has proposed the introduction of temporary restrictions on the movement of heavy trucks weighing over 12 tons along..
On Tuesday, minimum temperatures will range from 8 to 13°C , with Sofia seeing around 9°C. Rain is expected across the country, with heavier showers in..
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Partly cloudy, chance of rain