Financial Stability and Growth in Bulgaria
When the new financial privileges are fully established, it is expected that Bulgaria’s income from excise and customs duties will increase from four to five million francs. This increase in revenue will further strengthen the country’s already solid financial position and allow for continued economic growth.
The General Financial Condition
To understand the financial situation of the Principality, it is enough to look at the official balance sheet of the State. This document shows both the country’s assets and liabilities, including state-owned properties. According to the balance sheet from January 1, 1907, Bulgaria was enjoying a firmly established and healthy financial condition Istanbul Daily Tours.
The country’s total assets and reserve funds show that the government had a strong foundation for further development. Th