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

Without a state budget Bulgaria will go bankrupt after 10 June

Boyko Borissov
Photo: BGNES

The agreement on forming a government on a rotating basis is not a coalition between the first and the second political force, GERB leader Boyko Borisov told reporters. In his words it is responsible behavior because otherwise in June “we shall have no state”. “I call it responsible behavior by parties that are diametrically opposed, with programmes that are 100% identical, which have at the same time put their egos aside, and have come together to overcome the crisis,” Boyko Borissov said.

According to Finance Ministry data, if no state budget for the year is approved  after 10 June, or if last year’s budget is not extended once more, the state will only be able to spend what it has collected. However, at the moment it is, in practice not possible to adopt a brand new budget for the year by 10 June, and the most probable hypothesis is for the MPs to vote one more extension of last year’s budget.

This means that spending will continue at the same level as during the same period of 2022, taking into account the enactments of the National Assembly, the Council of Ministers and other documents which set down additional or reduced budgetary means.



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

Caretaker PM Dimitar Glavchev

23 August is a day of commemoration of the victims of totalitarian regimes

23 August is a day of commemoration of the victims of the crimes committed by the national socialist, communist and other totalitarian regimes.   Theodora Dimova: Talking about the communist past is more and more imperative if we want to protect..

published on 8/23/24 1:41 PM
Boyko Borissov

Boyko Borissov discusses new water plan with mayors

As the snap election draws nearer, GERB leader Boyko Borissov called for shared responsibility with the other political forces. This took place at a meeting with a former regional minister and the mayors of Veliko Tarnovo and Svishtov, with whom he..

published on 8/23/24 1:15 PM

151 reports of corruption in the Ministry of Internal Affairs in the first half of the year

During the first six months of the year, 151 reports were received with data on corruption acts committed by Ministry of Internal Affairs officials, according to the report on the implementation of measures from the Anti-Corruption Plan of the Ministry..

published on 8/23/24 10:32 AM