Budget deficit up to 4.3pc after budgetary revision

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The deficit of the general consolidated budget for 2019 will rise to 4.3 percent of the Gross Domestic Product (GDP) after the second budget revision. Such portfolios as Labour, Health, Regional Development, Finance and Business Environment are to receive more money for their projects.

The Education Ministry, the Interior Ministry and the Transport Ministry are among the institutions whose budget credits had been decreased.

The initial budget deficit target for 2019 stood at 2.76 percent of the GDP.

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