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

Caretaker government would implement the old budget in 2023

Minister Velkova
Photo: BGNES

If no regular government was formed, the caretaker cabinet would propose implementing this year's budget after January 1, Finance Minister Rositsa Velkova has told the parliament. The caretaker cabinet has no power to make policies and will keep the existing ones. The surplus in the treasury is below 500 million euros. This is not optimistic because the biggest costs are still ahead, Velkova said.

The fiscal reserve as of September 30 is over 6 billion euros, but without new loans by the end of 2022 it will fall below 2.6 billion euros, which is close to the minimum allowed.

In Bulgaria a working person needs at least 660 euros a month, while for a three-member family of two adults and a child, the sum reaches 1186 euros. The living costs have increased by 20% for a year, CITUB, which is the largest trade union in Bulgaria, reported.





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

Dobromir Ganev

A 100 square meter apartment in Bulgaria costs 199 average monthly salaries

In 11 district cities in Bulgaria, 1 square meter of residential space costs under EUR 1,000. In 13 district cities, the price ranges from EUR 1,000 to EUR 1,400. In Sofia and Varna, 1 square meter of residential space costs EUR 2,400, National Real..

published on 1/6/25 10:10 AM

Bulgarian company awarded with gold license for investment project in Egypt

On the last day of last year, the Egyptian Minister of Investment and Foreign Trade Hassan al-Khatib awarded a total of nine gold licenses at a ceremony at the General Agency for Investment and Free Zones, which was also attended by the Bulgarian..

published on 1/3/25 1:24 PM

Expected deficit at the end of last year exceeds €3 billion

Based on preliminary data, the Finance Ministry expects a deficit of around BGN 6.1 billion ( €3.11 billion), or 3% of the projected gross domestic product (GDP), at the end of 2024. "Estimates suggest that the deficit will show an improvement..

published on 1/3/25 9:24 AM