After a meeting with the president, We Continue the Change party stated the caretaker cabinet must submit a draft budget for 2023 to the National Assembly.
The deadline for submitting a budget for next year is today, 31 October. At an extraordinary meeting of the National Council for Tripartite Cooperation, Finance Minister in the caretaker government Rositza Velkova stated that the budget is the country’s financial plan and the government programme of the majority which has not yet been formed. In her words, there has never been a caretaker government under which a state budget has been adopted. At the Council meeting, the cabinet proposed, to the social partners and the employers, a bill on extending the implementation of the old, 2022 budget until a new, regular government is formed.
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable assessment in the industry sector, where the indicator fell by 5.2 points. Managers in industry reported..
The procedure for renewable electricity storage projects under the National Recovery and Resilience Plan is now open and proposals are being accepted. There is a lot of money, the deadlines are short and the conditions applicants have to meet are not..
The European Bank for Reconstruction and Development (EBRD) has slightly lowered its growth forecasts for the regions in which it invests. Bulgaria's economy will grow by 2.9 per cent in 2025, 0.1 per cent less than initially forecast in May...
In September, the overall Business Climate Indicator for the country decreased by 1 point compared to August. The decline reflects a less favourable..
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