Treasury plus 1 billion

03.06.2015
Treasury plus 1 billion

Treasury is plus 1 bln April, announced the Ministry of Finance - revenues with 536.5 million. lev more revenue and a surplus of EU funds in the amount of 530.1 mln. Levs

According to preliminary data the Treasury expected in May excess of income over expenditure to reach 1 150 million. Lev This May will be the third consecutive month in which monthly account surplus on the consolidated fiscal program and is the largest surplus for the first five months of the year since 2008.

For comparison, the balance for the first five months of 2014 was a deficit of EUR 888.6 million. Lev, meaning that year budgetary position has improved by 2 038.6 million. Lev or 2.5% of GDP.

Higher revenues and the improvement in the balance of accounts of EU funds associated with significant revenues in April continued to be the main factors for the improvement in the budget position as at May 2015, drawn up by the Finance Ministry

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