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
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
