Growth in social security revenue in the State Social Security Fund (SSSF) budget slowed in May, while pension expenditures continued to rise
Bulgaria’s budget deficit narrowed slightly in July, according to preliminary data from the Ministry of Finance (MF) on the implementation of the Consolidated Fiscal Program
Tax credits for children will be frozen in 2026 and work experience will now be calculated based on actual hours worked. The National Assembly decided
The National Assembly adopted the controversial provisions in the 2026 state budget, which grant the Minister of Regional Development and Public Works
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 new method for calculating work experience—based on actual hours worked – will take effect on January 1, 2027, rather than September 1 of this year
Bulgaria has the highest budget deficit in the European Union for the first quarter of 2026. This is shown by preliminary data from the European statistical office Eurostat
We expect to see a clearer link to economic development in the 2027 budget. This was stated by Petar Chobanov, Deputy Governor of the Bulgarian National Bank (BNB)
The municipal investment program, on which local authorities rely to build streets, install street lighting, develop water and sewer infrastructure
The budget deficit as of April now stands at €1.75 billion, according to preliminary data from the Ministry of Finance. In just one month
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
Bulgaria is not automatically at risk of an excessive deficit procedure, but faces a real risk of entering a corrective procedure if it fails to adhere to the set expenditure trajectory
835 000 working Bulgarians who receive part of their salary in the form of food vouchers may be left without them
Finance Minister Temenuzhka Petkova is making a very modest attempt to optimize state administration against the backdrop of huge criticism of the work of civil servants
Late on Friday evening, the Ministry of Finance published the new version of the Draft State Budget for 2026 and the updated Medium-Term Budget Forecast
