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Only Small Budget Deficit in Bulgaria
Politics ♦
Published: January 12, 2013; 14:55 ♦ (Vindobona)
The cumulative balance remained at -0.1% of GDP. Bulgaria only records a minor deficit of BGN 31m, Raiffeisen Research reports.
Only Small Budget Deficit in Bulgaria / Picture: © Vindobona.org
In November the realized budget was significantly lower compared to the previous month: BGN 31.0m (vs. BGN 322.4m in October). That outcome resulted from a national budget deficit of BGN 354.5m and an EU funds surplus of BGN 323.5m. The budget deficit accumulated from the beginning of 2012 reached BGN 105.3m (0.1% of Raiffeisen RESEARCH’s GDP forecast for the…
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