The Ministry of Finance has published the draft of the State Budget Act for 2023. It envisages that at the end of the year inflation will be 5.6%. The projected GDP growth is 1.8 percent, relying on rise in exports and consumption...
The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July. Within the framework of the Sofia Economic Forum IV,..
Bulgaria remains the country of the EU with the lowest incomes, and this problem was actually made worse by the series of crises – first the pandemic, then Russia’s war in Ukraine, the energy crisis, and all this crystallizing into a “cost of living..
The budget deficit to be set down in budget 2023 will be 3% on an accrual basis. In the words of Finance Minister Assen Vassilev, that means a deficit of 4.5 billion Leva (euro 2.31 bn.). Minister Vassilev presented the main parameters of the draft..
The new extension of last year's state budget should be valid until the end of July, the members of the relevant parliamentary committee decided, considering in the second reading the so-called extension law for State Budget 2022. In the editing..
The National Assembly unanimously approved, at first reading, a decision to extend the deadline for collecting revenue, and making payments and transfers from the state budget until a budget for 2023 is adopted. The definitive decision on the state..
With 207 votes, the MPs extended last year's state budget until July 31. This is the deadline set by the parliament for adopting the budget for 2023. Until July, revenues and expenses remain within the limits of 2022, taking into..
GERB party leader Boyko Borissov is not ruling out a “constitutional government” as an option for forming a cabinet. We Continue the Change/Democratic Bulgaria will not support a cabinet on a GERB mandate with PM Mariya Gabriel “Changes to..
GERB will return the government forming mandate to the president fulfilled and the names of the ministers will become clear on Monday, MP Denitsa Sacheva has told BNT. According to her, the party is currently negotiating with all..
The Defense Investment Program until 2032 has been submitted to the parliament. The new program, on the recommendation of the previous National Assembly, groups projects under BGN 100 million into packages of capabilities, and those over BGN 100 million..
