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

Budget for 2025 will not include wage cuts and tax increases

Photo: BTA

A new draft law on the state budget for 2025 will be submitted to the Council of Ministers by 14 February, along with draft laws on the budget of the National Health Insurance Fund and the State Social Insurance Fund. This was promised by Finance Minister Temenuzhka Petkova at the meeting of the Joint Governance Council. According to the Finance Ministry's analysis, the state budget deficit for the first quarter of 2025 will be around BGN 3.634 bn.  (EUR 1.858 billion).

During the budget debate, the Council discussed the implementation of a number of measures to combat the grey economy and agreed not to cut public sector wages and social benefits and not to raise taxes. Bulgaria's entry into the euro area remains a priority.



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

Minister of Education and Science Krasimir Valchev

Latest edition of EXPLORER programme will attract researchers to the institute INSAIT

“We are happy to have the Institute for Computer Science, Artificial Intelligence and Technology INSAIT, a bright light on the world map of AI,” said Minister of Education and Science Krasimir Valchev during the presentation of the latest edition..

published on 1/30/25 1:34 PM
US Congress

Bulgarian books donated to the Library of the US Congress

The Director of the Agency for Bulgarians Abroad, Raina Mandzhukova, provided books free of charge for the fund of the Bulgarian Department in the Library of Congress in the US , the agency announced. The donation includes specialized literature for..

published on 1/30/25 12:02 PM
A boat processes the scene of the incident near Ronald Reagan National Airport, January 30, 2025

No reports of injured Bulgarian citizens in the plane crash in Washington

The Bulgarian Embassy in the USA has no reports about the presence of Bulgarian citizens on board the plane that crashed in Washington on the night of January 30, the Bulgarian Foreign Ministry announced.  The Bulgarian diplomatic mission in..

published on 1/30/25 12:00 PM