Bulgaria’s Ministry of Finance announced that the balance of the Consolidated Fiscal Programme on a cash basis for 2016 is positive for the first time since 2008. The budget surplus is to the tune of EUR 768 million and will be go to the fiscal..
The motto of Bulgaria’s capital Sofia is Ever Growing, Never Ageing. According to some of its citizens though, it is growing, yet living conditions have not improved and the city has not become more attractive. However, a short stroll across Sofia’s..
Bulgaria’s cabinet has approved a report on the fulfillment of the state budget and the main indicators of the consolidated fiscal programme for the first nine months of 2016. The balance of the consolidated fiscal programme by September 2016 is..
The Budget and Finance Commission at the Bulgarian National Assembly adopted at a first reading the 2017 state budget. The Movement for Rights and Freedoms, however, asked the commission to withdraw the budget. According to MP Petar Chobanov, the..
Bulgaria’s cabinet approved the 2017 draft budget and the updated budget forecast until 2019. The priorities of 2017 state budget focus on measures aimed at encouraging reforms in education, developing the country’s defensive capabilities, improving..
Bulgaria’s Ministry of Finance published the 2017 draft state budget. The growth of the country’s economy is expected to slow down slightly to 2.5% of the GDP and the minimum salary will increase with nearly 10%. In 2017 the authorities are not..
The Bulgarian Ministry of Finance expects the Consolidated Fiscal Program (CFP) balance on a cash basis in the first nine months of 2016 to be positive to the tune of EUR 1.7 billion, or 3.8% of the forecasted gross domestic product. In the first nine..
On Wednesday the government endorsed the mid-term budget outlook until 2019 that investors, international and local observers and average Bulgarians had been looking forward to. It was expected to reveal the priorities of the government in spending..
