This week Prime Minister Andrey Gyurov’s caretaker government submitted its version of a draft law to extend the 2 025 state budget to the National Assembly
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 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 European Commission (EC) has transferred the third payment under Bulgaria’s National Recovery and Resilience Plan (NRRP)
The Ministry of Finance (MF) is preparing to take out another BGN 300 million loan. The auction, scheduled for November 17 (Monday), will be the 13th on the domestic market
The budget deficit grew at an increasingly rapid pace, reaching BGN 4.3 billion at the end of July. This is equal to 2% of the expected size of the economy in 2025
Tax increases in Bulgaria are inevitable, according to Simeon Djankov, chairman of the Fiscal Council
Commercial banks have come to the aid of Finance Minister Temenuzhka Petkova in her attempt to “patch up” the growing budget deficit
The National Assembly approved the first update of this year's state budget, inflating the number of municipal projects in the investment program
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
Tax Freedom Day will come at a record late date in 2025 – June 3, according to calculations by the Institute for Market Economics (IME)
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 strong investor interest and confidence has allowed a significant reduction in the cost of financing
The size of the country's budget deficit is over 3 billion euros
