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.
The second group of 80 Bulgarians who wanted to leave Lebanon has taken off from Beirut to Sofia onboard the governmental Airbus. The plane is expected to land in Sofia after 7 pm. The second group of Bulgarians is ready for evacuation from..
The interest of young Bulgarians in studying abroad has risen sharply , with a 30% increase compared to last year. In addition, the number of students leaving for the academic year 2024-2025 has increased by about 11%. This is what Kristina Bozhilova,..
Our most important task at the moment is to ensure the safe return of all Bulgarian citizens who wish to be evacuated from Lebanon, President Rumen Radev told journalists in Burgas. Noting that the escalation of the conflict in the Middle East had..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
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