The Fiscal Council has issued harsh criticism regarding the implementation of the 2 025 state budget. In its position the advisory body – chaired by Simeon Djankov
Bulgaria ends November with an economy that generates significant tax revenues, but also with a budget that’s under strong pressure from social commitments and investment needs
The European Commission (EC) has transferred the third payment under Bulgaria’s National Recovery and Resilience Plan (NRRP)
The budget deficit at the end of April was BGN 1.9 billion, or 0.9% of the forecast gross domestic product (GDP), according to preliminary data from the Ministry of Finance
The report was published more than a month late
Since the publication of the Budget 2025 draft, Bulgaria’s acting Finance Minister, Lyudmila Petkova, has been heavily criticized by economists, financiers, and politicians
The Bulgarian budget deficit shrunk by almost 150 million euros in November, but it still remains high, according to the preliminary estimates of the Ministry of Finance
