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.
It will be sunny and hot on Friday. Maximum temperatures will range between 33°C and 38°C, around 33°C in Sofia. It will also be sunny along the Black Sea coast. There will be a light to moderate easterly and southeasterly wind in the afternoon..
Interior Minister Daniel Mitov told reporters that migrant pressure and attempts to cross the Bulgarian-Turkish border illegally are decreasing . He said that compared to 2023, attempts at illegal crossing had decreased by around 70%. The minister..
The plenary debate on the third motion of no confidence against Rosen Zhelyazkov's government, proposed by the Revival party, has concluded . According to the National Assembly's rules, the vote must take place at least 24 hours after the debates end...
A new lane for heavy trucks over 12 tons will be opened at the Danube Bridge in Ruse, announced Ruse Regional Governor Dragomir Draganov. The initiative..
On July 7, the Bulgarian National Bank (BNB) puts into circulation a silver commemorative coin titled "175 Years Since the Birth of Ivan Vazov", BNB..
Gorna Oryahovitsa is the largest non-district town in Northern Bulgaria. It is located near Bulgaria’s old capital, Veliko Tarnovo, and is an important..
Partly Cloudy
Clear
Partly cloudy, chance of rain
sunshine, cloud, rain and thunder