Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Parliament adopts the 2023 budget at first reading

Photo: БГНЕС

Bulgaria's Parliament approved the 2023 state budget in the first reading with 156 votes in favor. The support came from GERB-SDS, PP-DB and DPS deputies. The "BSP for Bulgaria" and the parties "Wazrazhdane" and "There is Such a People" (ITN) voted against.
"This budget is not revolutionary, it continues the policies and best practices started in the last years. We have managed to maintain a 3 percent deficit for the third year in a row and to adjust spending to existing resources without affecting Bulgarian citizens," Finance Minister Assen Vasilev said.
Despite its support, GERB-SDS said that the budget does not solve a single problem and does not envisage serious reform.
According to BSP Chair Kornelia Ninova, the government's measures hinder the work of small and medium-sized enterprises.
The state plan envisages 69.5 billion leva (35.53 billion euros) in revenue. They are to come from better tax and fee collection by the tax and customs authorities, a 100 percent dividend from state-owned enterprises and economic growth of 1.8 percent. 
Expenditures are to amount to 74 billion leva, while social benefits are to be maintained - an increase in pensions according to the Swiss rule, a minimum wage of 780 leva and a poverty line of 504 leva are planned.



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 Radev (L) and Luong Cuong (R)

President Rumen Radev: Vietnam is an important partner for Bulgaria

After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts to deepen cooperation between the European Union and Vietnam, reported BNR's special envoy to..

published on 11/25/24 9:51 AM
Rumen Radev and Desislava Radeva in Vietnam

Bulgaria's President will meet with the state and political leadership of Vietnam

Bulgaria's   President Rumen Radev, who together with his wife Desislava Radeva is on an official visit to Vietnam, will be welcomed with a ceremony at the presidential palace in Hanoi. There, Radev will hold talks with Vietnamese Head of State Luong..

published on 11/25/24 6:05 AM

Demonstrations against violence against women to be held in many Bulgarian cities

A protest march under the slogan "No more", organised by Feminist Mobilisations, will be held on today's International Day for the Elimination of Violence against Women in front of the capital's Courthouse. The aim is to draw public and..

published on 11/25/24 5:35 AM