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

Deficit in 2023 draft state budget can be reduced to 3%

Photo: BGNES

Reserves have been found, thanks to which the deficit included in the 2023 draft state budget can be reduced from 6.4% to 3%. This was announced by Asen Vassilev, co-chairman of "We Continue the Change - Democratic Bulgaria", after a meeting of deputies from the group and their colleagues from GERB with experts in the Ministry of Finance. 


Social spending will not be cut and tax changes are not foreseen, Vasilev said. 

When asked where the reserves will come from, he replied: "I think the surprises are not big - one is the Recovery and Resilience Plan, the other is dividends, the third is partly for the maintenance of the various departments, the fourth is the capital program".

The Minister of Finance Rositsa Velkova did not attend the meeting, as she is on a working visit abroad.


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

The Bulgarian Antarctic base "St. Kliment Ohridski" reopens for the new polar research season

The Bulgarian Antarctic base "St. Kliment Ohridski" officially opened its doors on the eve of its patron saint's day . The members of the Bulgarian Antarctic expedition, led by Professor Hristo Pimpirev, set foot on the snowy shores of Livingston..

published on 11/25/24 10:14 AM
Rumen Radev (L) and Luong Cuong (R)

President Rumen Radev: Vietnam is an important partner for Bulgaria

After the meeting with his Vietnamese counterpart Luong Cuong in Hanoi, President Rumen Radev emphasized that Bulgaria will continue to support efforts to deepen cooperation between the European Union and Vietnam, reported BNR's special envoy to..

published on 11/25/24 9:51 AM
Rumen Radev and Desislava Radeva in Vietnam

Bulgaria's President will meet with the state and political leadership of Vietnam

Bulgaria's   President Rumen Radev, who together with his wife Desislava Radeva is on an official visit to Vietnam, will be welcomed with a ceremony at the presidential palace in Hanoi. There, Radev will hold talks with Vietnamese Head of State Luong..

published on 11/25/24 6:05 AM