General Government

Gross External Debt in Bulgaria Climbs, Driven by Long-Term Liabilities

At the end of July 2024, Bulgaria's gross external debt reached 43.69 billion euros, or 43.6% of the country's GDP, marking an increase of 1.23 billion euros compared to the same period in the previous year, when the debt stood at 42.46 billion euros, or 45.2% of GDP. This is according to data from the Bulgarian National Bank.

State Budget Surplus: €1.48 Billion Surplus from January to August 2024

According to preliminary data on the execution of the state budget on a modified cash basis, a surplus of €1.048 billion was recorded in the January-August 2024 period. This is a significant achievement, considering the 2024 Budget Report had forecasted a deficit of €2.774 billion for this period, compared to a €92 million deficit during the same period in 2023.

General government deficit shrunk in 2021

Ljubljana – Slovenia’s consolidated general government deficit, including those of the state budget, the health and pension funds and local government budgets, amounted to EUR 2.92 billion or 5.8% of GDP last year, roughly 1.8 percentage points less than a year before, according to the Finance Ministry. The decline in deficit was due to the growth in revenue outpacing the rise in expenditure.

The first 12 projects of the “Greece 2.0” Plan from the Recovery Fund

The technical data sheets have been approved and the first 12 projects of the "Greece 2.0" Plan with a total budget of 1.42 billion euros are starting. The approval was given by the Deputy Minister of Finance, Theodoros Skylakakis, who is responsible for the Recovery Fund, following a relevant suggestion of the Special Coordination Service of the Fund.

NSI Preliminary Data: The Government Debt of Bulgaria for 2019 is 24 205 Million BGN or 20.4% of GDP

According to preliminary data of the National Statistical Institute the General Government Institutional Sector reported in 2019 a surplus of 2 470 million BGN or 2.1% of GDP. The surplus in Central Government sub-sector amounted 2 349 million BGN or 2.0% of GDP.

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