BGN 20 M To Be Allocated For Settling Municipalities Debts.
29.07.2002
Source: Novinite.com
BGN 20 M from the BGN 90 M saved from the foreign debt deal will be allocated to the municipalities to settle their unpaid expenditures. That proposal will be tabled in the Council of Ministers by the finance ministry in two weeks, Finance Minister Milen Velchev announced at a special news conference on the occasion of the one-year work of his ministry since it stepped in office. Another BGN 34 M are to be given to Roads agency. Velchev expressed the hope that Bulgaria will close the EU chapter Tax Policy on Monday. He noted that the top priority of the finance ministry coincided with that of the government – to improve the life style of the ordinary Bulgarians. During the first half of 2002, revenues from customs increased by BGN 65 M year on year.