Podcast in English
Audio Player
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Budget for 2025 to be submitted to Parliament next week

Людмила Петкова
Photo: BTA

The draft budget for 2025 will be submitted by the caretaker government to the National Assembly at the end of next week, Finance Minister Lyudmila Petkova said. The draft includes a planned deficit of 3%, or BGN6 billion (about EUR3 billion). 
There are no plans to change tax rates and there will be no increase in social security contributions. The budget proposes tax amnesties for taxes and contributions declared but not paid on time, as well as for undeclared income, with interest on these amounts being waived. Excise duties on tobacco, tobacco products and alcoholic beverages will be increased.
The minimum wage will be set at BGN 1,077 (EUR 550.66) and a 10% increase in salaries for public sector employees is also planned.

Due to the political stalemate in Parliament, Petkova admitted that next year's budget could be adopted in early 2025, with the possibility of an extension law for this year's budget.



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

Balkan Developments

Protests in Turkey continue after Istanbul mayor's arrest Mass protests in Turkey continue after Istanbul mayor Ekrem İmamoğlu was arrested on March 19. Nearly 1,900 people have been detained for participating in the..

published on 3/28/25 8:33 PM

81% of Bulgarians believe that the National Assembly appoints officials based on party affiliation

Bulgaria's parliamentary crisis delayed for months the election of the heads of key regulatory bodies, such as the Energy and Water Regulatory Commission (EWRC) and the Constitutional Court. Now that the 51st National Assembly has formed a ruling majority..

published on 3/27/25 11:56 AM
Natalia Kiselova

MECH parliamentary group can be restored, says speaker of parliament

The Speaker of the National Assembly, Natalia Kiselova, suggested that the MECH parliamentary group could be restored, but this would require a change in the rules or a decision by the parliament. There Is Such a People (ITN) proposed to submit a draft..

published on 3/25/25 6:09 PM