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

Minimum monthly salary is expected to reach EUR 480 in 2024

Photo: BGNES-archive

The minimum monthly salary is expected to reach EUR 480 as of 2024, caretaker Minister of Finance Rositsa Velkova said in an interview with the Bulgarian National Radio (BNR). This is enshrined in the three-year medium-term forecast on which the 2023 draft budget is based. The medium-term forecast will be presented in Brussels. The budget will be put to a vote in the next National Assembly. The forecast also envisages that the minimum wage reach EUR 530 in 2025 and EUR 576 in 2026.

There will be two buffers in the 2023 state budget: capital expenditure cannot be redirected to another type of expenditure; the second buffer is a 10% limitation of expenditures that can be spent in the fourth quarter provided the balance is not disturbed.




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

Boyko Borissov

GERB says it will only hold negotiations with the participation of party leaders on the formation of a cabinet

“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..

published on 11/25/24 1:05 PM

Homeless people in Ruse to receive a free hot meal

For the 13th consecutive year, homeless people in the town of Ruse will receive a free hot meal during the winter months. The social kitchen of the Bulgarian Red Cross opens its doors again in the biggest Bulgarian city on the Danube River. It has a..

published on 11/25/24 12:02 PM

Ministry of Transport proposes the division of railway routes into three lots

Experts from the Ministry of Transport and Communications are proposing the division of Bulgarian State Railways (BDZ) into three lots. According to them, this is a first step toward a more efficient and modern railway transport system, reported..

published on 11/25/24 11:48 AM