State Budget Cannot Support Lavish Spending, PM Says

State Budget Cannot Support Lavish Spending, PM Says

 Bulgaria's budget for this year cannot take up lavish spending, prime minister Plamen Oresharski said.

Budgetary performance so far does not give grounds for optimism that it could support extra expenditures, Oresharski told the Bulgarian National Radio.
The prime minister pledged to streamline the administrative services in an effort to support the business.
Spurring economic growth is the only sustainable means of increasing people’s incomes, Oresharski said, adding that the government is not contemplating a sovereign loan or bond to raise money for a hike in public salaries and pensions.
Previous Next
Close
Test Caption
Test Description goes like this
Cookies Preferences
Choose Type of Cookies You Accept Using


These cookies are required for the website to run and cannot be switched off. Such cookie are only set in response to actions made by you such as language, currency, login session, privacy preferences. You can set your browser to block these cookies but our site may not work then.


These cookies allow us to measure visitors traffic and see traffic sources by collecting information in data sets. They also help us understand which products and actions are more popular than others.


These cookies are usually set by our marketing and advertising partners. They may be used by them to build a profile of your interest and later show you relevant ads. If you do not allow these cookies you will not experience targeted ads for your interests.