The National Assembly tasked outgoing Minister of Finance Assen Vassilev with taking the necessary actions to cover the operational deficit in the Electricity System Security Fund amounting to EUR 500 million by March 31. This fund receives 5% of the..
Preliminary data on the implementation of the budget show that the deficit will be lower than planned, Bulgaria’s Minister of Finance Ass en Vassilev said in parliament. "I expect the deficit to be 2.5%, not 3%. This will leave EUR 500..
“They are going to encounter stiff resistance over the budget, we have said we are not going to raise taxes,” said GERB leader Boyko Borissov in Veliko Turnovo, addressing the participants in the national conference of GERB party...
It is achievable to keep to a deficit of 3 percent, Petar Ganev, senior researcher at the Institute for Market Economy has told BNR. "We don't have pitfalls in the budget that are insurmountable. With a strict position of the finance..
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 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..
The draft budget, with a deficit of 6.4%, contradicts the Public Finance Act. Caretaker cabinet approves 2023 draft budget In a Fiscal Council position sent to parliament, experts recommend measures for restricting the deficit in the..
Following the approval of the 2023 draft budget, the caretaker cabinet decided to table it to the National Assembly. According to the draft budget, the budget deficit for 2023 is set at 6.4% of the country’s gross domestic product. According to..
“The Bulgarian Socialist Party is not going to support the draft budget of the caretaker government,” said Bulgarian Socialist Party (BSP) leader Korneliya Ninova, adding that the state budget was anti-social, and included unjustified expenses and..
“If the budget deficit set down by the caretaker government remains at 6.4% we can forget about the Eurozone,” GERB leader Boyko Borissov said at a press conference. Caretaker cabinet proposes a 2023 state budget with a 6.4% deficit..
