Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria is beginning the new year without an approved budget

Photo: Ani Petrova, BNR

Bulgaria is beginning the year, 2022, without a budget, voted by parliament, which is unprecedented in the country’s most modern history.

According to estimated data, by the end of December 2021, the budget was "in the red" by 4 billion Leva (a little over EUR 2 billion), or 3% of the GDP. Until a new financial framework is voted, the most important state payments will take place according to the texts of the budget for 2021. The rule is that if a budget is not voted for the year, then every month the country can spend 1/12th of the budget of the previous year. This means that the minimum monthly salary will be frozen at 650 Leva (EUR 332). However, the poverty line is changed to 413 Leva (EUR 211) a month, or 44 Leva (EUR 22) more than in 2021.  

The cabinet stated its intention to have the new financial framework ready by the end of February, but a bill has been submitted to parliament, according to which the effect of the budget for 2021 is extended until the end of March.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Dan Jørgensen

EU Energy Commissioner Dan Jørgensen to visit Bulgaria

European Commissioner for Energy Dan Jørgensen will visit Bulgaria on 28 October, just days after US President Donald Trump imposed sanctions on Russian oil giants Lukoil and Rosneft over Russia’s ongoing aggression in Ukraine, BNR correspondent..

published on 10/24/25 5:08 PM
Energy Minister Zhecho Stankov (L) and Justice Minister Georgi Georgiev at a press conference.

Energy minister says Bulgaria’s fuel supplies safe until year-end

Fuel supplies for the domestic market are fully secured until the end of the year , Energy Minister Zhecho Stankov said, following the United States’ sanctions on Russian oil giants Lukoil and Rosneft. He added that the market would be closely monitored to..

published on 10/24/25 4:07 PM

Bulgaria’s defence industry offers opportunities for successful partnerships, President Rumen Radev says

“Bulgaria’s defence industry is renowned for its quality and enjoys an excellent international reputation. This offers great opportunities for close cooperation with Vietnam in the security sector,” President Rumen Radev said during a visit to the..

published on 10/24/25 3:11 PM