Bulgaria’s budget deficit amounted to EUR 2.5bn as of May 2026
07.07.2026
Source: Ministry of Finance; FFBH
The revenues under the consolidated fiscal programme (CFP) of the Bulgarian government totalled EUR 17.4bn as of end-May 2026. Compared to the same period of 2025, they increased by EUR 1.2bn (+11.2% YoY) in nominal terms. Tax proceeds amounted to EUR 14.3bn, while non-tax and grant and donation proceeds (mostly EU programme and fund grants) amounted to EUR 2bn and EUR 1bn, respectively. CFP expenditures, including the contribution of Bulgaria to the EU budget for May 2026, amounted to EUR 19.9bn. As a result, the CFP budget balance on a cash basis as of end-May was negative, amounting to EUR 2.5bn (2% of GDPe). As of 31.05.2026, the fiscal reserve amounted to EUR 6.5bn.
The Ministry of Finance also revealed the preliminary data for the June 2026 budget balance. The institution anticipates a negative CFP balance of EUR 2.4bn (1.9% of GDPe). June 2026 revenues are to total EUR 21.6bn, while expenditures (including contribution to the EU budget) to reach EUR 24bn.
*Ministry of Finance 2026 GDP forecast of EUR 125.2bn.