No Investment Projects Involving Bulgarian Govt Loans, Guarantees Next Year

The 2017 budget of Bulgaria will not foresee any decisions on investment projects that require funding through state loans or the issuance of state guarantees, the government has decided.

At a cabinet meeting, ministers have agreed the move will allow for coherence in applying fiscal solidarity measures.

It will also provide for adherence to fiscal goasl, in view of restrictions to public expenses according to the midterm budget forecast for 2017-2019.

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