The Ministry of Finance revealed the preliminary data for October 2024 budget balance. The institution anticipates a negative CFP balance of BGN 4bn (2% of GDP). The CFP balance on a cash basis as of end-September 2024 was negative, amounting to BGN 2.8bn. Recall that the budget framework indicates BGN 6.2m deficit for the year. Jan-Oct 2024 revenues are to total BGN 58.1bn, while expenditures (including contribution to the EU budget) to reach BGN 62.1bn.