Bulgaria’s Deputy Prime Minister, Atanas Pekanov, has indicated achieving a 3% budget deficit this year will be challenging without hindering economic growth. In a televised interview, Pekanov explained that aggressively pursuing the deficit target could negatively impact the economy. He suggested a balance must be struck between fiscal responsibility and allowing for continued economic activity. The statement signals potential difficulties in meeting the country’s financial commitments. Pekanov’s comments reflect concerns about the broader economic climate and the need for sustainable fiscal policies. Further details regarding specific economic measures were not immediately available. The government will likely face scrutiny regarding its budgetary approach in the coming months.
