Text size

The President set to veto the 2024 budget.

published on 11/27/23 2:07 PM

Photo: BTA

There are no precedents for a presidential veto on the draft state budget. But if Parliament does not bring the Finance Minister to his senses, I do not rule out such a possibility, President Rumen Radev told journalists in Burgas. The head of state said that we are witnessing a series of risky ventures in the financial sector.

The Finance Minister's intention to sell the State Land Fund was unacceptable, the President said. Mr Radev stressed that this land is a strategic resource and cannot be wasted for current budgetary needs or to compensate for the inability to manage state finances. According to Radev, this also opens the door to abuse. I call on wise politicians from all parties to stop this adventure," the President added.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Assen Vassilev budget 2024 President Rumen Radev State Land Fund veto

More from category

GERB-SDS submit request for interpretation of provisions of the Constitution

MPs from GERB-SDS have submitted a request to the Constitutional Court for interpretation of provisions of the country's basic law, BTA reported. The MPs want clarity whether when the mandate of the members of the Supreme Judicial..

published on 11/28/24 11:34 AM

Price of natural gas in Bulgaria rises by 11%

The increase in the price of natural gas in December is nearly 11 percent, which means up to nearly 39 euros per megawatt-hour, excluding taxes. This was what representatives of Bulgargaz said during the public discussion of..

published on 11/28/24 11:20 AM

Supreme Administrative Court has once again failed to elect chair

There are no candidates for the position of chair of the Supreme Administrative Court (SAC) , BTA has reported. The plenum of the Supreme Judicial Council held a meeting in an attempt to elect head of the institution. The procedure..

published on 11/28/24 10:21 AM