Diankov dropped the new cuts

We do not have to be reduced by another 10% the cost of various state agencies. The situation of the country can be improved by increasing revenue, said after the meeting of the Government Finance Minister Simeon Diankov. The idea for new cuts in addition to the 15-percentile was declared for the first time this month by Minister Plevneliev Rosen.
540 million euro is in the state budget deficit since the beginning of the year to end of September. The deficit for September was 62.3 million, which is the smallest monthly deficit since February, and nine times smaller than the July. The deficit in August was 95 million, said Diankov and hoped to have the October surplus on a monthly basis. The greatest spending was in July, BTA quoted the minister.

Yesterday granted money for deficits in the health sector – such as psychiatric activities. We can not afford further squeeze costs even need to give specific locations in order to avoid social problems noted Diankov. On October 15 you will know if there is more money collected from excise duties. At the end of October, November and December there will be more revenue in this section, appoint Simeon Diankov.

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Finance

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