Bulgaria's Jan-Feb Cons Budget Gap Shrinks to 351.9 Mln Euro

Bulgaria's Jan-Feb Cons Budget Gap Shrinks to 351.9 Mln Euro

Bulgaria's consolidated budget showed a deficit of 688.2 million levs ($484.7 million/351.9 million euro) through February, lower than the 732 million lev gap reported a year earlier, finance ministry figures showed.

Consolidated budget revenue in the first two months of the year stood at 4.2 billion levs, whereas spending amounted to 4.6 billion levs. Contributions to the EU budget added up to 274 million levs.
 
Bulgaria closed last year with a budget deficit of 1.45 billion levs, equivalent to 1.8% of the country's projected gross domestic product.

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