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National Assembly adopts state budget update at first reading

GDP growth of 3.5% with increased household consumption by 2.8% and expected annual growth of 3.6%. This is envisaged in the update of the state budget which the National Assembly adopted at first reading. The budget deficit for this year..

27.08.21 11:44 |

Bulgaria’s National Assembly to vote at first reading amendments to 2021 state budget

Today, Bulgaria’s National Assembly is to vote at first reading amendments to the 2021 state budget, the National Health Insurance Fund and the State Social Security. Pensions are expected to increase by an average of 12.5% as of October 1, as..

26.08.21 05:05 |
Bulgaria's caretaker Minister of Defense Georgi Panayotov

Ministry of Defense needs EUR 2.1 million a month for effective border protection

The Ministry of Defense needs EUR 2.1 million a month to address migration pressure, caretaker Minister of Defense Georgi Panayotov said in the National Assembly . However, the ministry would receive the money, if the National..

20.08.21 13:24 |
Rumen Radev

President Radev: I do not want to talk about new elections

Bulgaria’s President Rumen Radev said that he has not yet decided when and to which political force he will hand the third cabinet-forming mandate. In his view, a working cabinet can still be elected within this National Assembly. "I do not want to..

13.08.21 18:13 |

Political forces represented at Bulgaria’s Parliament in dispute about budget amendment

The coalition "Stand up BG! We are coming!" has called on the MPs to immediately amend the state budget. The Chairperson of the coalition Maya Manolova insisted that the minimum monthly pension in Bulgaria be increased to EUR 188. "We cannot..

12.08.21 14:36 |
Assen Vassilev

There is money in the state budget, but a budget amendment is necessary: finance minister

We are appealing to Bulgaria’s National Assembly to form a Committee on Budget and Finance and to amend the state budget, said this country’s caretaker Minister of Finance Assen Vassilev in Parliament. He reported on the implementation of the..

12.08.21 13:46 |
Stefan Yanev

Caretaker Premier Stefan Yanev calls for urgent amendment of the state budget

Bulgaria’s caretaker Premier Stefan Yanev called on the MPs to amend the state budget, in order to meet the challenges related to the new Covid-19 wave and avoid social tension later in the autumn. "We are witnessing a complicated situation in..

12.08.21 12:19 |
Caretaker Finance Minister Assen Vassilev

Caretaker Finance Minister: Half of Bulgaria's state budget revenues come from Sofia

About half of the revenues in the state treasury come from the activities of Sofia enterprises, and 35% of them are from large taxpayers . This was announced by the caretaker Minister of Finance Assen Vassilev during the first public council on budget..

25.06.21 16:30 |

Finance Minister: The budget has serious structural problems

Serious structural problems in the state budget have been revealed by the caretaker Minister of Finance Asen Vassilev, BNR reported. "Money must be withdrawn from a variety of places in order to finance the continuing needs of health care, the business..

28.05.21 18:38 |
President Rumen Radev

President Radev: I don’t want to think that there will be general elections for the third time this year

President Rumen Radev expressed concern that  general elections may be held for the third time this year. "I do not even want to think that Parliamentary elections will be held for the third time in 2021. I hope that the political parties will show..

16.05.21 12:18 |
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