The treasury deficit reached 3.69 billion leva at the end of November, according to data from the Ministry of Finance. This is 1.8% of the estimated GDP.
On a monthly basis for November, an improvement in the budget balance is reported, with revenues for the month exceeding expenditures by nearly 0.3 billion leva.
This is mainly due to higher revenues from corporate taxes, the institution specifies.
There are 12.8 billion leva in the fiscal reserve.