Bulgaria's budget surplus narrowed in July month-on-month, as spending outpaced revenue, the Finance Ministry reported. The budget surplus at the end of July totaled BGN 1.6 mln (USD743,400), compared with BGN 430 mln at the end of June. The government projects a budget deficit of BGN 539.8 mln by the end of the year. Revenue in the year so far totaled BGN 3.377 bln, or 65.73% of the revenue forecast for the full year. At the same time, the government spent BGN 3.376 bln, representing 59.46% of the year's planned spending of BGN 5.677 bln. The consolidated budget, which includes the health and pension funds, posted a surplus of BGN 71 mln, compared with a surplus of BGN 420 mln in June