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

Budget for 2025 will not include wage cuts and tax increases

Photo: BTA

A new draft law on the state budget for 2025 will be submitted to the Council of Ministers by 14 February, along with draft laws on the budget of the National Health Insurance Fund and the State Social Insurance Fund. This was promised by Finance Minister Temenuzhka Petkova at the meeting of the Joint Governance Council. According to the Finance Ministry's analysis, the state budget deficit for the first quarter of 2025 will be around BGN 3.634 bn.  (EUR 1.858 billion).

During the budget debate, the Council discussed the implementation of a number of measures to combat the grey economy and agreed not to cut public sector wages and social benefits and not to raise taxes. Bulgaria's entry into the euro area remains a priority.



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

The first F-16 Block 70 aircraft will be handed over to Bulgaria on January 31

Bulgaria’s Minister of Defense Atanas Zapryanov is leaving on a three-day visit to the United States, the Ministry of Defense said.  Minister Zapryanov will attend a formal handover of Bulgaria's first F-16 Block 70 aircraft at Lockheed Martin’s..

published on 1/29/25 10:51 AM
Photo: Association of Descendants of Refugees and Migrants from the Territory of North Macedonia

Migrant organization alerts the EU about the trial against Bulgarians in Bitola

The Association of Descendants of Refugees and Migrants from the Territory of North Macedonia sent a position to European institutions, urging European representatives to familiarize themselves with the documents in the court case against the chairman..

published on 1/29/25 10:32 AM

Foreign Minister Georg Georgiev held a phone call with his Jordanian counterpart Ayman al-Safadi

Bulgaria’s Minister of Foreign Affairs Georg Georgiev held a phone conversation with Deputy Prime Minister and Minister of Foreign Affairs of the Hashemite Kingdom of Jordan Ayman al-Safadi. The two discussed the readiness of Bulgaria and Jordan..

published on 1/29/25 10:08 AM