The revenues under the consolidated fiscal programme (CFP) of the Bulgarian government totalled BGN 75.4bn (83.5% of the annual estimates) as of end-November 2025. Compared to the same period of 2024, they increased by BGN 10.2bn (+15.6% YoY) in nominal terms. Tax proceeds amounted to BGN 61.4bn, while non-tax and grant and donation proceeds (mostly EU programme and fund grants) amounted to BGN 10.9bn and BGN 3.2bn, respectively. CFP expenditures, including the contribution of Bulgaria to the EU budget for November 2025, amounted to BGN 81.6bn, which accounts for 84.4% of the annual estimates. As a result, the CFP budget balance on a cash basis as of end-November was negative, amounting to BGN 6.2bn (2.8% of GDP). As of 30.11.2025, the fiscal reserve amounted to BGN 20.6bn. *Ministry of Finance 2025 GDP forecast of BGN 220.8bn.