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

MPs adopt state budget during all-night parliamentary sitting

Photo: BTA

The National Assembly has finally adopted the state budget after a 21-hour-long parliamentary sitting, which ended today at 5:41 a.m. The budget has been prepared on the basis of macroeconomic indicators of 1.8% economic growth and 8.7% average annual inflation. Yesterday, however, the Bulgarian National Bank lowered its forecast for GDP growth to 1%.

"The budget is within the initially set parameters - with a 3% deficit, with a serious capital program, with a redistribution of part of the capital expenses to additional payment in the amount of about 150 million EUR," Minister of Finance Assen Vassilev said. According to him, the fiscal measures have largely been preserved in order to collect the revenues.

The salaries of employees in companies with a staff of over one hundred people are now required to be transferred by bank, the MPs have decided.

The Ministry of the Interior, the State Agency for National Security, the National Social Security Institute and other ministries and departments will receive funds for raising the salaries of their employees. Additional funds have also been provided for the BNR – about 750,000 euro more than what was previously proposed by the Ministry of Finance.




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

MEP asks European Commission about alleged biased inspections against DPS-run municipalities

MEP Ilhan Kyuchyuk has sent written questions to the European Commission regarding reports of large-scale biased inspections by the General Directorate for Combating Organised Crime, the Anti-Corruption Commission, the National Revenue Agency and other..

published on 8/24/24 1:05 PM

President Radev: The glory of Shipka Epopee remains unsurpassed

"There are many places in Bulgaria that preserve the memory of the struggles for national liberation, but the glory of the Shipka Epopee remains unsurpassed, " President Rumen Radev wrote on his Facebook page on the occasion of the 147th anniversary of..

published on 8/24/24 12:41 PM

A must see: the Bulgarian Pavilion at the Venice Biennale

The Bulgarian Pavilion at this year's Venice Biennale is a great success among international journalists and visitors. "It is a great recognition for us to be named as one of the must-see pavilions," says Dr Nadezhda Dzhakova, Commissioner of the..

published on 8/24/24 12:03 PM