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Bulgaria: Public Debt to Decrease in 2013

Published: February 2, 2013; 13:51 · (Vindobona)

According to the Bulgarian government, public debt will be reduced by BGN 600m in 2013. The public finance law has been adopted at the second reading.

Bulgaria: Public Debt to Decrease in 2013 / Picture: © Flickr

In 2013 the Ministry of Finance will continue to offer three- and five-year BGN denominated bonds, seven-year EUR denominated ones, and 10,5-year BGN denominated bonds, and the newly issued internal debt will be around BGN 1.2 billion, Deputy Minister of Finance Karina Karaivanova said in an interview for Banker newspaper. "As a result the total net financing from operations with…

This article includes a total of 450 words.

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