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

Authors

  • Assist. Prof. Dr Lyuboslav Kostov Department of Economics, Faculty of General Economics, UNWE Author

DOI:

https://doi.org/https://doi.org/10.37075/RP.2024.4.10

Keywords:

Fiscal policy, Revenues, Expenditures, Budget balance
H10, H30, H50

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.

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Published

2024-12-19

Issue

No. 4 (2024)

Section

Articles

License

Copyright (c) 2024 Lyuboslav Kostov (Author)

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

Authors retain copyright to their works.

All publications are distributed under the terms of the Creative Commons Attribution 4.0 International (CC BY 4.0) license.

How to Cite

Kostov, L. (2024). The Medium-Term Budget Forecast as a Tool for the Formulation of Bulgaria‘s Fiscal Policy. Research Papers, 4, 147-157. https://doi.org/https://doi.org/10.37075/RP.2024.4.10