Silver Fund

Bulgarian deputies finally accepted the extension of the three main budgets - of the state, of social security and of the Health Fund.

The state budget has about 8 billion BGN fiscal reserve, but 6 of them cannot be touched - they are in the Silver Fund, for the reactors of NPP Kozloduy ", explained to Btv the Minister of Finance Asen Vasilev.

"In my opinion, there will be no problem to stay within the deficit limits , which are fixed in the law." he added.

From the outbreak of the pandemic to the end of March 2021, the state treasury spent BGN 5.1 billion to deal with the impact of Covid-19. This became clear during the hearing of the outgoing Minister of Finance Kiril Ananiev in the National Assembly.

Former Finance Minister Simeon Djankov has contacted the prosecution after reports he is facing an indictment over the sale of state-owned assets in an energy company in 2011, authorities say.

Djankov is to appear in the investigative unit of the Sofia City Prosecutor's Office later on Wednesday, the Chief Prosecutor's Spokesperson Rumyana Arnaudova has told NOVA TV broadcaster.

Bulgaria's Finance Minister Vladislav Goranov has insisted that the new borrowing of up to BGN 16 B is inevitable.