Revenue Sources of the Principality
The total revenue of the Principality for the year 1907 amounted to 121,983,000 francs. The main sources of income were as follows:
Duties: 6,525,000 francs
Fines: 135,000 francs
Revenue from Communications: 15,000,000 francs
Revenue from State Properties and Funds: 7,728,000 francs
Various Other Revenues: 3,065,000 francs
This balanced financial structure reflected the government’s efficiency in collecting taxes and managing national income.
The Executive Power
The executive power in Bulgaria was placed in the hands of special ministers, each appointed by the Prince. These ministers formed the Council of Ministers, which served as the highest administrative body of the state. The Council acted under the direct supervision of the Prince, who also chose one minister to serve as the President of the Council.
One of the main responsibilities of the ministers was to ens