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gross domestic product

Slovenia's 2020 budget gap narrower than forecast
World

Slovenia's 2020 budget gap narrower than forecast

  • "Revenues amounted to 9.08 billion euros, or 10.4% lower than in 2019, while expenditures rose 26.8% from 2019, reaching 12.57 billion euros," the ministry said.
  • In 2021, the government expects a budget gap of 2.75 billion euros, or 5.6% of GDP.
Published 29 Jan, 2021 06:02pm
China takes lead over US in foreign direct investment in 2020
World

China takes lead over US in foreign direct investment in 2020

  • Direct investments in China by foreign companies increased by four percent
  • New investments by overseas businesses into the US fell 49 percent last year as the country struggled to curb the spread of the new coronavirus affecting the economic output
Published 25 Jan, 2021 10:44am
Bulgaria 2020 deficit lower than expected at 3pc of GDP
World

Bulgaria 2020 deficit lower than expected at 3pc of GDP

  • The latest figure equates to 3% of gross domestic product (GDP), down from previous expectations of a 4.4% shortfall.
  • At the end of the year (2020), instead of registering a deficit of 5.2 billion levs, we will have a deficit of 3.6 billion levs.
Published 01 Jan, 2021 06:34pm