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

Caretaker government would implement the old budget in 2023

Minister Velkova
Photo: BGNES

If no regular government was formed, the caretaker cabinet would propose implementing this year's budget after January 1, Finance Minister Rositsa Velkova has told the parliament. The caretaker cabinet has no power to make policies and will keep the existing ones. The surplus in the treasury is below 500 million euros. This is not optimistic because the biggest costs are still ahead, Velkova said.

The fiscal reserve as of September 30 is over 6 billion euros, but without new loans by the end of 2022 it will fall below 2.6 billion euros, which is close to the minimum allowed.

In Bulgaria a working person needs at least 660 euros a month, while for a three-member family of two adults and a child, the sum reaches 1186 euros. The living costs have increased by 20% for a year, CITUB, which is the largest trade union in Bulgaria, reported.





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

European and Bulgarian businesses to meet with the Bulgarian Stock Exchange in Sofia

The Bulgarian Stock Exchange (BSE) will participate in the event "EU-Chambers Business Chill with the Bulgarian Stock Exchange," according to a post by the BSE on Facebook. The event is being organised by the Hungarian-Bulgarian Chamber of..

published on 11/19/25 8:15 AM

New business club works to promote Bulgarian entrepreneurs in Berlin

Under the name BGBizHub, Bulgarian entrepreneurs in Berlin have joined forces to promote and develop their businesses in Germany. "Like any other business, not only in Berlin or in Bulgaria, we currently face several problems -..

published on 11/18/25 4:20 PM

Bulgarians spend nearly 30% of their budgets on food

Bulgarians are consuming less bread, cheese and vegetables, but more fruit, according to the latest data from the National Statistical Institute on household consumption in the third quarter of 2025, compared to the same period last year...

published on 11/17/25 11:52 AM