The Council of Ministers (CM) approved the budget procedure for 2026, according to decisions made after Wednesday's cabinet meeting
The Bulgarian Development Bank (BDB) undoubtedly plays an important role in Finance Minister Temenuzhka Petkova's plans to keep the deficit within the 3% limit
The problem with the 2025 state budget and the significant revenue shortfall in the middle of the year is not so much the delay as the poor planning
Bulgaria has already begun to reap the benefits of the upcoming introduction of the euro
Finance Minister Temenuzhka Petkova cited the law to explain why the ministry has not yet published preliminary information on budget implementation for May
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 size of the country's budget deficit is over 3 billion euros
The parliamentary session lasted 22 hours and ended in the early hours of Friday morning
The pro-Kremlin party's idea is to redirect the 5 percent contribution for private pension companies to the National Social Security Institute
The bill was submitted by Radostin Vassilev from MECH
The report was published more than a month late
The reason for the postponement of the 2025 Bulgarian budget is the preparation of the structural fiscal plan for 2025-2028. This is what Finance Minister Temenuzhka Petkova
There is potential for increasing budget revenues. This can be done by putting the spotlight on the shadow economy in Bulgaria
Bulgaria’s 2025 public budget will have to cover payments of 2 billion euros that were postponed in 2024. These are delayed expenses for which invoices
The 2025 budget will have a deficit of up to 3% and expenditures of up to 40% of GDP. This was assured at a briefing by Prime Minister Rosen Zhelyazkov
