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

Institute of Market Economics: Тhere will be no apocalypse if 2025 budget is not adopted

Photo: ime.bg

The state will continue to function normally even without the parliament voting on the state budget, according to an analysis by the Institute for Market Economics (IME) called "Without a Budget for 2025 and Without an Extension Law: What Next?". 

The IME believes that, contrary to the apocalyptic pictures that are drawn in this scenario, the structural laws of the three major budgets in the state provide for such an option. 

The amount of the main payments is preserved and, according to the rules for fiscal stability, the payments will be up to the amount of revenues, which will nominally increase. 

"If the legal framework allows an immediate budget crisis to be avoided, then entering the new year without an adopted budget creates risks for the predictability of the business environment, for the economy as a whole and for the normal functioning of institutions and local authorities," the IME specifies.



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

Friday has it all: clouds, fog, rain and wind

Over the next 24 hours, cloudy and foggy conditions are expected across much of the western Danube and Upper Thracian plains. Rain is likely in western Bulgaria and the Rila-Rhodope region, especially in the south-west. During the day, there may be..

published on 11/20/25 7:05 PM

Bulgaria strongly condemns the Russian attacks on Ukraine’s energy infrastructure

Bulgaria’s Minister of Foreign Affairs Georg Georgiev took part in the regular Foreign Affairs Council, held in Brussels. The ministers discussed the EU’s commitments to Ukraine’s security and the continuation of comprehensive support for the country...

published on 11/20/25 5:47 PM

The first quaternary treatment plant was opened in Bulgaria

The first quaternary wastewater treatment plant in Bulgaria was opened today in the village of Benkovski, Maritsa Municipality. “Today we are launching a pilot project that marks the beginning of a new stage in water management in Bulgaria. A..

published on 11/20/25 5:45 PM