“Realistic Expectations”: Parliament Approves a 5.7% Budget Deficit for 2026
The National Assembly approved a budget deficit of 5.7% for this year. This took place during the second reading of the state budget bill on Friday
The National Assembly approved a budget deficit of 5.7% for this year. This took place during the second reading of the state budget bill on Friday
For April, the budget deficit has been reduced to zero, so no funds from the Fiscal Reserve will be used to cover it. This was announced by acting Finance Minister Georgi Klissurski
The caretaker government attempted to outline measures it will take to assist households and businesses due to higher fuel prices
Bulgaria’s foreign debt increased by over €7 billion during 2025. As of December 31, 2025 it amounted to €25.3 billion while on the same date in 2024 it was €18.1 billion
Bulgaria ended 2025 with a budget deficit of 3.1% of GDP. This can be considered good news, given that economists had been warning all year that the revenues projected
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 Bulgarian Ministry of Finance expects higher inflation next year compared to its medium-term budget forecast published in the summer.