July 6 (SeeNews) - A senior official of Bulgaria's centre-right GERB party, which won the country's Sunday general elections, said the next government will cut spending and target a balanced budget this year to avoid financial risks, Reuters reported on Monday. "The most important thing is not to allow the budget to blow up," Reuters quoted Biser Boev as saying. Boev is tipped by local media to be the country's next Economy Minister, Reuters added. "If we get at least a balanced budget this year, it will be a big achievement."