Bulgarian fiscal reserve equals 2.4 billion euro

Bulgarian fiscal reserve equals 2.4 billion euro

The fiscal reserve of Bulgaria by March 31, 2011 equals about 2.4 billion euro, the Ministry of Finance has announced.

Deficit in relation to the fiscal programme for the first trimester of 2011 is about 1% of the expected GDP, while it was 2.4% of GDP for the same period in 2010.

Revenues by the end of March equal 21.1% of the planned for 2011.

Revenues in the budget for the first trimester of the year have grown by 6.9% in comparison to the same period in 2010. (Source: BNR)

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