Key facts
- Bulgaria's general government budget deficit was EUR 232.2 million in April.
- The cumulative budget deficit from January to April reached EUR 1.8 billion.
- The cumulative deficit represents a 79.9% year-on-year increase.
- The deficit for the first four months of the year is 1.5% of Bulgaria's GDP.
- Budget revenues in April increased by 3.2% year-on-year to EUR 4.0 billion.
- Total expenditures rose by 9.2% year-on-year in April.
Bulgaria's general government budget reported a deficit of EUR 232.2 million in April. This contributed to a cumulative deficit of EUR 1.8 billion for the period of January to April, marking a significant year-on-year increase of 79.9%. This deficit represents 1.5% of the country's Gross Domestic Product (GDP).
In April alone, budget revenues saw a year-on-year increase of 3.2%, reaching EUR 4.0 billion. However, total government expenditures grew at a faster pace, rising by 9.2% year-on-year during the same month.