Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Ministry of Finance presents 2022 draft budget

Assen Vassilev
Photo: BGNES-archive

Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev presented the 2022 draft state budget. He called it a budget of economic growth, which invests in people, projects and infrastructure. The projected revenues exceed EUR 29 billion and costs are projected at more than EUR 32.2 billion.

The country’s GDP is expected to increase with 4.8% and the budget deficit is set to increase with 4.1%. Bulgaria will borrow new loans to the tune of EUR 3.5 billion. EUR 1.5 billion will be used to refinance old debts.

As of April 1, the minimum monthly salary will increase from EUR 323 to EUR 363. Pensions will increase with 6.1% from July 1. VAT remains unchanged at 20%, Minister Vassilev said. The state budget will be amended in July.




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

MPs mull a motion of no confidence in the government

The leader of "Vazrazhdane", Kostadin Kostadinov, announced that parties were filing a request for a vote of no confidence in the caretaker government of Dimitar Glavchev.  67 MPs from "Vazrazhdane", BSP and ITN have signed the draft..

published on 4/17/24 3:00 PM
Корнелия Нинова

Bulgarian Socialist Party calls on President Radev to replace caretaker prime minister

The leader of the Bulgarian Socialist Party Kornelia Ninova, with a declaration on behalf of the party's parliamentary group, has called on President Rumen Radev to replace caretaker Prime Minister Dimitar Glavchev.  Ninova turned to the head of..

published on 4/17/24 11:39 AM

GERB calls on PP-DB and MRF to take responsibility for the caretaker government 

The philosophy of the  Constitution was made in such a way that the three parties GERB-SDS, "We Continue the Change - Democratic Bulgaria" (PP-DB) and MRF are responsible for the election of the caretaker government . Let the colleagues be kind not to go..

published on 4/17/24 11:02 AM