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Bulgaria: Budget Deficit Amounting to BGN 732.0m
Politics ♦
Published: April 2, 2013; 11:47 ♦ (Vindobona)
The budget balance under the Consolidated Fiscal Programme (CFP) as of end-February 2013 is negative, amounting to BGN 732.0 million.
Bulgaria: Budget Deficit Amounting to BGN 732.0m / Picture: © Vindobona.org
Furthermore, the budget balance is formed by a deficit under the national budget of BGN 485.5 million and under EU funds of BGN 246.5 million.
Compared to the same period of previous year the deficit under CFP has risen in nominal terms by BGN 167.0 million due mainly to the higher expenditure in the first two months of 2013 pertaining mainly to higher health insurance payments…
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