Bulgarian National Radio © 2021 All Rights Reserved

Bulgaria’s Parliament approves 2021 state budget at second reading

Photo: BТА

Bulgaria’s National Assembly has approved the 2021 state budget at a second reading. Revenues in next year’s budget are estimated at EUR 24.3 billion. Expenditures are projected at EUR 26.8 billion. The budget deficit is set at nearly EUR 2,56 billion, or 4% of the country’s GDP. The cabinet will be able to cover the deficit by issuing government bonds to the tune of EUR 2.3 billion.

The minimum monthly salary is to increase from EUR 312 to EUR 332 as of January 1, 2021. The minimum monthly pension will amount to EUR 153.  People working at the frontline against Covid-19 will receive 30% pay rise. Salaries of teachers are to increase by 17% and the monthly wages of Bulgaria’s Police officers are to see 15% increase. The rest of the salaries in the public sector will increase by 10%.


More from category

Bulgaria’s Minister of Foreign Affairs Ekaterina Zaharieva

Minister Zaharieva discusses Three Seas Initiative with Poland’s Coordinator Pawel Jablonski

Bulgaria’s Deputy Premier and Minister of Foreign Affairs Ekaterina Zaharieva discussed issues related to the Three Seas Initiative with Poland’s Undersecretary of State and Governemnt Plenipotentiary for the Three Seas Initiative Pawel Jablonski...

published on 1/18/21 6:53 PM

Prosecutor's Office seizes more than 1,400 paintings from Vasil Bozhkov’s home

Bulgaria’s Prosecutor's Office has seized 1,418 paintings and 45 graphics from the home of Bulgarian businessman Vasil Bozhkov , who is living in self-imposed exile in Dubai, the website of the Prosecutor's Office announced. Paintings of famous..

published on 1/18/21 5:33 PM

2.8% of healthcare expenditure in Bulgaria spent on preventive care

On average in the EU, public and private expenditure on preventive care accounted for 2.8% of total health expenditure in 2018. In Bulgaria, public and private expenditure on preventive care also accounted for 2.8% of total health expenditure, BTA..

published on 1/18/21 4:48 PM