Bulgaria's caretaker Prime Minister Galab Donev recommended to the MPs to seek a solution on how to reduce the budget deficit from 6.4% to 3%. The government is holding an extraordinary meeting today with the task of adopting the draft state budget for..
Bulgaria's caretaker government will today adopt a draft Law on the State Budget for 2023 to submit it to the National Assembly for debates. The projected deficit of 6.4% is not approved by either the trade unions or the business...
Reserves have been found, thanks to which the deficit included in the 2023 draft state budget can be reduced from 6.4% to 3% . This was announced by Asen Vassilev, co-chairman of "We Continue the Change - Democratic Bulgaria", after a meeting of..
The caretaker government is proposing a state budget bill for 2023 with a deficit of 6.4% of the GDP, or more than twice the 3% required by the Eurozone criteria . This was announced at a briefing by Prime Minister Galab Donev and Finance Minister..
The caretaker government will submit the draft state budget for 2023 on Monday at the latest, President Rumen Radev announced during today’s consultations with the Bulgarian Socialist Party. “This will mean there will be clarity for the..
The only thing that the new National Assembly should do is form a regular government, said Boyko Borisov, leader of the GERB party that won the parliamentary elections on April 2. He believes that whatever the cost to the parties, new elections would..
The Ministry of Finance approved a concept of a draft bill of the state budget for 2023, according to which a deficit of 3% will be attained by raising some taxes, dropping preferential VAT as of mid-2023, and raising toll fees, as well as raising..
The Ministry of Finance presented a concept for a 2023 draft budget with a 3% deficit. The draft sets down a 10% increase in budgetary sector salaries in the sectors in which this has not yet been done. The draft also envisages the imposition..
For the first time in many years, the state has been unable to collect the projected sum om VAT – it is 670 million Leva short (EUR 335 million), the Finance Ministry has announced. In July, parliament updated the budget, raising the projected..
The MPs rejected the declaration proposed by "We Continue the Change" party which demanded that the caretaker cabinet submit a draft budget for 2023. Only "Democratic Bulgaria", the Bulgarian Socialist Party (BSP) and "We Continue the Change" voted in..
