The lack of a regular parliament puts the state at risk of starting the new year without a budget, Petar Ganev, a senior researcher at the Institute for Market Economics, has told the BNR.
According to law, the budget for 2022 must be submitted for discussion and adoption in parliament by October 31st. If a government is formed in December and there is no budget approved by parliament, there is a risk of starting the new year without a law on public spending. In such a case the government would be able to spend only 1/12 of the previous budget per month and this would be extremely insufficient. In the absence of a strong center of power, "everyone near the government may try to seize the initiative and propose new expenditures," the expert says.
The perception of the level of corruption in Bulgaria remains very high, Geoff Gottlieb, Senior IMF Regional Representative for Central, Eastern and Southeastern Europe said. From an institutional point of view, the reduction in the level of..
Bulgarians own real estate in 64 countries around the world. This is shown by data of the National Revenue Agency, provided to the "24 Chasa" daily. By April 30, 2024, 3,604 Bulgarian citizens have declared they own real estate..
Bulgaria and the US have already signed an agreement on the automatic exchange of tax information. The document was signed by Deputy Prime Minister and Finance Minister Lyudmila Petkova and US Ambassador to Bulgaria Kenneth Merten. "Administrative..
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