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

Средносрочната бюджетна прогноза като инструмент за формулиране на фискалната политика на България
The Medium-Term Budget Forecast as a Tool for the Formulation of Bulgaria‘s Fiscal Policy

Author(s): Lyuboslav Kostov
Subject(s): Politics / Political Sciences, Politics, Social Sciences, Economy, National Economy, Business Economy / Management, Sociology, Economic policy, Policy, planning, forecast and speculation, Fiscal Politics / Budgeting, Socio-Economic Research
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: fiscal policy; budget balance; revenues; expenditures

Summary/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.

  • Issue Year: 4/2024
  • Issue No: 4
  • Page Range: 147-157
  • Page Count: 11
  • Language: Bulgarian
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