Bulgaria revises 2020 budget to run fiscal deficit of 2.9%/GDP
Bulgaria revised its fiscal
target to a deficit of 2.9% of economic output this year from
initial plan to run a balanced budget to reflect the increased
spending and an expected drop of revenues due to the coronavirus
crisis, the government said on Monday.
target to a deficit of 2.9% of economic output this year from
initial plan to run a balanced budget to reflect the increased
spending and an expected drop of revenues due to the coronavirus
crisis, the government said on Monday.
Posted by Reuters
