The Ministry of Finance of Bulgaria

Bulgaria

Bulgaria , officially the Republic of Bulgaria , is a parliamentary democracy within a unitary constitutional republic in Southeast Europe. The country borders Romania to the north, Serbia and Macedonia to the west, Greece and Turkey to the south, as well as the Black Sea to the east...

 is established in 1879 in accordance with the Tarnovo Constitution

Tarnovo Constitution

The Tarnovo Constitution was the first constitution of Bulgaria. It was adopted on 16 April 1879 by the Constituent National Assembly held in Veliko Tarnovo as part of the establishment of the Principality of Bulgaria...

. The Ministry is responsible for formulating and implementing the budget

Budget

A budget is a financial plan and a list of all planned expenses and revenues. It is a plan for saving, borrowing and spending. A budget is an important concept in microeconomics, which uses a budget line to illustrate the trade-offs between two or more goods...

 and the fiscal and financial policy of Bulgaria.

Current Finance Minister of Bulgaria is Simeon Djankov

Simeon Djankov

Simeon Djankov is a Bulgarian economist and Deputy Prime Minister and Minister of Finance of Bulgaria in the government of Boyko Borisov. Prior to his cabinet appointment, Simeon Djankov was a Chief economist of the finance and private sector vice-presidency of the World Bank...

. Djankov favourizes financial discipline as a strategy for both Bulgaria and the European Union.

External links

• Official website of the Ministry of Finance of Bulgaria in English