Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Budget 2023 is ready; Assen Vassilev promises 3% deficit

Photo: BGNES

The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July.

Within the framework of the Sofia Economic Forum IV, Vassilev pointed out that the budget includes measures for a deficit of 3% without affecting social policy and taxes, but with higher tax collection envisaged. Minister Vassilev expects that "this year the wage rise will be twice the rate of inflation". According to him, if wages in our country continued to grow faster than GDP, the country would cope with the shortage of high-quality labor.

BSP announced that the budget is anti-social and they would not support it. "This is an accounting document, not a policy-making tool," summed up BSP leader Korneliya Ninova and specified that her party would prepare an alternative budget.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rumen Spetsov

Lukoil says it would not interrupt its activities and fuel supply in Bulgaria

The companies of Lukoil will continue to operate with full transparency and fuel supplies will not be interrupted. This is written in a statement from the Russian oil company, signed by the newly appointed special commercial manager..

published on 11/18/25 9:24 AM

Former caretaker minister heads Bulgarian embassy in Bern

Svetlan Stoev is the new ambassador extraordinary and plenipotentiary of Bulgaria to Switzerland. The presidential decree was published on November 18 in the State Gazette. Stoev is a career diplomat. He started working at the..

published on 11/18/25 9:02 AM

Strong wind disrupted flights to and from Sofia Airport

Strong southerly wind on Monday evening led to the diversion of six flights and the cancellation of five others at Sofia Airport. Flights from Malta, Frankfurt, Vienna and Munich landed in Skopje, and from Bergamo and Warsaw - in Varna. Flights to..

published on 11/18/25 8:45 AM