Following are details of budget revenue and spending (in millions of levs):
Jan-July'09 | Jan-July'08 | 2008 | |
GOVERNMENT BUDGET | |||
Revenue | 9,789.4 | 11,283.5 | 18,645.5 |
Spending | 5,057.7 | 4,174.1 | 9,160.1 |
Net Transfers | -4,344.1 | 3,448.5 | 7,128.5 |
deficit(-)/surplus(+) | -49.5 | +3,269.1 | +1,636.8 |
CONSOLIDATED STATE BUDGET | |||
Revenue | 14,751.4 | 16,442.4 | 27,317.0 |
Spending | 14,700.7 | 11,831.5 | 24,595.7 |
Net Transfers | 0.0 | 0.0 | 0.0 |
- transfers to EU budget | 437.1 | -391.8 | 720.1 |
deficit(-)/surplus(+) | -386.4 | +4,219.1 | +2,001.1 |
The right-of-centre government headed by Boyko Borisov that took office after the July 5 elections will aim for a balanced budget this year, Finance Minister Simeon Dyankov has said.
The country had a budget surplus equivalent to 3.0% of gross domestic product last year.
(1 euro = 1.95583 Bulgarian levs)