Bulgaria Turns to 9-mo Cons Budget Gap of 184.3 Mln Euro
Monday, 04 November 2013
Bulgaria posted a consolidated budget deficit of 360.5 million levs ($249.million/184.3 million euro) through September, compared to a 248.1 million levs surplus for the same period in 2012, finance ministry figures showed.
Revenue in the nine-month period stood at 21.307 billion levs, while spending totalled 20.921 billion levs.
Bulgaria closed last year with a budget deficit of 350.2 million levs, equivalent to 0.45% of the country's gross domestic product.