The budget deficit grew at an increasingly rapid pace, reaching BGN 4.3 billion at the end of July. This is equal to 2% of the expected size of the economy in 2025
Commercial banks have come to the aid of Finance Minister Temenuzhka Petkova in her attempt to “patch up” the growing budget deficit
The Bulgarian Development Bank (BDB) undoubtedly plays an important role in Finance Minister Temenuzhka Petkova's plans to keep the deficit within the 3% limit
The problem with the 2025 state budget and the significant revenue shortfall in the middle of the year is not so much the delay as the poor planning
The budget deficit at the end of April was BGN 1.9 billion, or 0.9% of the forecast gross domestic product (GDP), according to preliminary data from the Ministry of Finance
The news was announced by Prime Minister Zhelyazkov during a joint briefing with EU Council President Antonio Costa
The size of the country's budget deficit is over 3 billion euros
The report was published more than a month late
The 2025 budget will have a deficit of up to 3% and expenditures of up to 40% of GDP. This was assured at a briefing by Prime Minister Rosen Zhelyazkov
This is contrary to the concerns surrounding the huge planned expenditures in the 2025 Budget
The Bulgarian Ministry of Finance is betting on an unprecedented annual growth in revenues and expenditures in Budget 2025
The Bulgarian budget deficit shrunk by almost 150 million euros in November, but it still remains high, according to the preliminary estimates of the Ministry of Finance
Once a snowball gets rolling down a hill, there is no stopping it. This is a useful analogy for the situation with the growing expenses in the Bulgarian state budget
An old saying goes that some things are better late than never. This was the case in the last three years when it came to compiling the Bulgarian government budget
Bulgaria's budget deficit reached 1.4 billion euros at the end of September after the financial "hole" grew by another 600 million euros last month
