"The increase of the budget for culture is insufficient. I agree with the representatives of the Bulgarian Academy of Sciences who demand more financing", the Chairperson of the National Assembly Committee on Culture and Media Toshko Yordanov said for..
With 129 votes in favor and 90 against, the majority in the National Assembly have adopted the budget of the National Health Insurance Fund at first reading. Healthcare expenditures are expected to reach over EUR 3 billion by the end..
Calculated on the basis of the 2022 budget submitted, the deficit for this year is envisaged at 4.1%, commented Kiril Ananiev from GERB party at a briefing, as quoted by BTA. However, Kiril Ananiev says, that is not the real figure because at..
After more than two hours of debate, the National Assembly adopted, definitively, the bill on the implementation of the effect of the budget from the previous year – 2021 – until 31 March this year. The majority voted to extend the..
The Institute for Market Economics, IME, presented its traditional alternative budget for 2022, the first time it is doing so without the existence of a new budget framework. The cabinet has projected inflation of 5%, GDP growth of 4.9% and a budget..
According to the Maastricht Treaty, the state budget deficit should not exceed 3% of the gross domestic product (GDP) and the total government debt should not exceed 60% of GDP. So far, these criteria have been strictly..
There is no time to lose and soon the Ministry of Finance must submit the budget for 2022, the chairman of the parliamentary economic committee Martin Dimitrov told BNR. The new budget will also lift the moratorium on electricity prices. "Due to the..
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..
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..
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..
