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
The government has approved an agreement under which Bulgaria will take out a €250 million loan from the Council of Europe Development Bank
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 Council of Ministers (CM) approved the budget procedure for 2026, according to decisions made after Wednesday's cabinet meeting
Finance Minister Temenuzhka Petkova cited the law to explain why the ministry has not yet published preliminary information on budget implementation for May
The Bulgarian Ministry of Finance is betting on an unprecedented annual growth in revenues and expenditures in Budget 2025
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
An old saying goes that some things are better late than never. This was the case in the last three years when it came to compiling the Bulgarian government budget
The Bulgarian Ministry of Finance failed to collect about EUR 1.25 billion from the pledged revenues, subsidies and donations in the 2023 state budget
The sharp increase in pensions over the past three years has led to a huge deficit in the budget of the National Social Security Institute (NSSI)
