The budget deficit to be set down in budget 2023 will be 3% on an accrual basis. In the words of Finance Minister Assen Vassilev, that means a deficit of 4.5 billion Leva (euro 2.31 bn.). Minister Vassilev presented the main parameters of the draft budget for the year, to be submitted to the National Assembly at the beginning of July.
Before that, during the forum of the National Association of Pamporovo Municipalities, PM Nikolay Denkov announced that there will be a tangible increase in the funding for municipalities – by almost 25% - in the regular budget for this year. Because of the flooding and the damages inflicted, the disaster fund has been increased, from the EUR 40 million set down in the draft budget of the caretaker cabinet, to EUR 65 million. Around EUR 30 million of this money has so far been spent, which means that with the new sum set down, there will be around EUR 35 million available, plus possible buffers, if the need arises.
To come into effect as of 1 August, the budget needs to be adopted by the end of July.
Ramadan Atalay, an expelled MP from the Movement for Rights and Freedoms (DPS) group, has called on the party to remain united. He said this as he entered Parliament this morning, BNT reported. According to Atalay, the DPS has enough power to..
The smallest political party in Parliament - Velichie - is on the verge of collapse, its founder Ivelin Mihaylov has warned, after the party's MPs voted unanimously against the government proposed by GERB. PP-DB reaffirms its refusal to support a..
On Thursday, clouds will break over the country. After midday there will be short showers with thunderstorms in the Rila-Rhodope area. Minimum temperatures will be between 15 and 23°C, 15°C in Sofia. Maximum temperatures will be between 25 and 30°C,..
An orange code warning for dangerous precipitation has been issued for seven districts in Central Bulgaria. From midnight on Wednesday, precipitation and..
The exhibition "The Buckles – a Universe of Signs" by the Ruse Regional Museum of History is visiting Burgas. The exposition, which will be opened today..
Today, the National Assembly will vote on the new government proposed by GERB-SDS. On Monday, upon receiving the first exploratory mandate, the largest..
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