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Bulgaria reports record budget surplus

Date: 19.11.2007

Bulgaria's budget surplus for the first nine months of the year reached a record BGN 3,05 B, data released by the country's cabinet showed.

Budget revenue for the January-September period stood at BGN 11,91 B, an increase of 21% over the same period of last year.

Taxes revenue grew by 23% to BGN 10,27 B, with indirect taxes accounting for nearly three quarters of that figure.

Government expenditures in the first nine months of the year was BGN 8,86 B.

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