The Medium-Term Budget Forecast as a Tool for the Formulation of Bulgaria‘s Fiscal Policy

Lyuboslav Kostov ()
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Lyuboslav Kostov: University of National and World Economy, Sofia, Bulgaria

Nauchni trudove, 2024, issue 4, 147–157

Abstract: The purpose of the report is to assess the degree of credibility in the main budget parameters in the medium-term budget forecast of the Ministry of Finance of Republic of Bulgaria. An overview of the main fiscal parameters in the period 2016 – 2021 was made, as well as their implementation. It is clear that in the observed period there is a significant discrepancy between the originally planned parameters in the revenue and expenditure part of the State Budget of the Republic of Bulgaria, from the actual reported ones after that.

Keywords: H10; H30; H50 fiscal policy; budget balance; revenues; expenditures (search for similar items in EconPapers)
JEL-codes: H10 H30 H50 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:nwe:natrud:y:2024:i:4:p:147-157

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