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Bulgaria is beginning the new year without an approved budget

Bulgaria is beginning the year, 2022, without a budget, voted by parliament, which is unprecedented in the country’s most modern history. According to estimated data, by the end of December 2021, the budget was "in the red" by 4 billion Leva (a..

01.01.22 12:10 |
Ъaretaker Minister of Finance Valeri Belchev

Bulgaria will not take out new debt until the end of the year: Finance Minister Belchev

Bulgaria’s debt limit has been set at 2.25 billion euro, 1.9 billion euro has so far been taken out, announced caretaker Minister of Finance Valeri Belchev during his participation in the discussion “The government talking, openly!” in the..

02.12.21 10:35 |

S&P confirm Bulgaria's credit rating with stable outlook

The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports. The medium-term economic consequences of the pandemic are manageable. Recovering domestic..

30.11.21 11:15 |

GERB wants moratorium on new state loans

GERB will support the composition of the new government and all measures proposed by the negotiators to form a government. This was what party leader Boyko Borissov said at a seminar of the GERB youth organization in Arbanasi. One..

27.11.21 16:15 |

Bulgaria may start 2022 without state budget, expert warns

The lack of a regular parliament puts the state at risk of starting the new year without a budget, Petar Ganev, a senior researcher at the Institute for Market Economics, has told the BNR. According to law, the budget for 2022 must..

09.11.21 11:13 |

The formation of the Road Infrastructure Agency budget must be transparent, President Radev says

At a meeting with representatives of the road construction and maintenance companies who organized protests last week over unpaid salaries, President Rumen Radev pointed to the need of a transparent formation of the budget of the Road..

14.09.21 16:43 |
MP Karimanski

Budget update requires at least three more weeks

The realistic deadline for updating the budget is three weeks from now, Lubomir Karimanski, chairman of the parliamentary budget committee and MP of "There Is Such a People", has told BNR. According to him, the President and..

19.08.21 09:24 |

Government approves budget update

The caretaker government has approved the project for updating the state budget and the budgets of the State Social Security and the Health Insurance Fund. Earlier this week, the new version of key financial laws was also supported by the social..

29.07.21 18:26 |
The National Council for Tripartite Cooperation in session, 26 July, 2021

TUs and employers approve budget changes

The National Council for Tripartite Cooperation discussed future changes to the state budget for 2021. The caretaker cabinet is proposing a 12.5% increase in pensions as of 1 October. “The raise is not going to jeopardize the country’s finances..

26.07.21 13:22 |
Minister of Finance in the caretaker cabinet Assen Vassilev

Caretaker cabinet proposes budget update

The proposal of the caretaker government for an update of the budget is to be presented today at the third public council with the minister of finance, BNR’s Marta Mladenova reports. According to caretaker Minister of Finance Assen Vassilev..

22.07.21 06:10 |
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