With 126 votes in favor and 92 against, Parliament accepted the state budget for 2020 at first reading.

Main goals remain fiscal sustainability and following a coherent, transparent and predictable fiscal policy that contributes to improving the business environment, stimulating investment and stimulating the development of the labor market for achieving economic growth and employment, while adhering to common EU rules.

photo by: BGNES

The budget balance targets set in the medium-term budget forecast for the period 2020-2022 are maintained – reaching a balanced budgetary position in 2020 and maintaining it in the coming years.

The objective of achieving and maintaining a balanced budget remains unchanged for several consecutive cycles of budget preparation.


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