BGN
Deputy PM Zaharieva: 78% of Regional Development Ministry Budget Spent in H1 2014
Bulgaria's Ministry of Regional Development budget lacks some BGN 10-11M needed for the maintenance of roads in the winter season.
If the budget is not updated, the amount will reach BGN 40-50M in the spring, caretaker deputy Prime Minister Ekaterina Zaharieva told Bulgarian National Television. Another BGN 80M is needed for road repairs after the floods, she added.
Bulgaria Budget Miscalculated 'on Purpose' - President Plevneliev
Bulgarian President Rosen Plevneliev called the gaps in the current state budget a product of "deliberate" mistakes.
Budget Gap to Cause Deficits in Social Payments - FinMin
Bulgaria's Finance Ministry has warned social and healthcare spending will face significant shortages due to the state budget deficit currently estimated at BGN 3 B.
On Saturday the institution announced the 2014 deficit, under the update proposal being drafted by officials, will be 4-4.2 percent, and fresh state debt of about USD 4.5 B will be needed to tackle outstanding problems.
Caretaker Government Discusses BGN 5 B State Loan
Bulgaria's caretaker Finance Ministry has discussed the taking of a BGN 5 B loan in order to cover the expected 4.2% budget deficit, reports the 24 Chasa daily.
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Bulgaria’s National Health Insurance Fund Seeks Budget Update by BGN 100 M
Bulgaria's National Health Insurance Fund (NHIF) will request a budget update by BGN 100 M, according to Kiril Ananiev, Chair of the Supervisory Board of the NHIF and caretaker Deputy Finance Minister.
Ananiev, as cited by the Bulgarian Telegraph Agency, announced Thursday that the request would be submitted with the Health Minister by the end of the day.
Emergency in Bulgaria's Mizia Lifted
Authorities have revoked the 44-day-long state of emergency in Mizia announced after flash floods severely hit the northwestern town.
A man died and hundreds were left homeless when high waters inundated houses, depriving some 1200 of their dwellings.
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Russia's Food Import Ban to Inflict Direct Damages of BGN 10 M to Bulgarian Farmers
Direct damages suffered by Bulgarian farmers as a result of the Russian embargo on food imports amount to at least BGN 10 M, according to caretaker Agriculture Minister Vasil Grudev.
64 Thousand First Graders to Start School on September 15
Some 64,000 Bulgarian children will go to school for the first time on Monday, September 15.
The cost for preparing a child for school ranges between BGN 150 and BGN 250 this year, Nova TV notes.
Bulgaria's President Gets Unexpected Budget Boost
The interim government has allocated additional BGN 0.98 M to the Presidency, a draft decree of the Council of Ministers shows.
The document, available on the Finance Ministry's website, reveals BGN 801 000 are to be set aside for President Rosen Plevneliev and Vice President Margarita Popova's visits abroad.
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Bulgarian Health Insurance Fund Chief Backs New Budget Update by BGN 117 M
Bulgarian hospitals will get BGN 120 M for their activities in September and October, according to Kiril Ananiev, Chair of the Supervisory Board of the National Health Insurance Fund (NHIF).