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

Former finance minister says there were errors in draft budget, worth billions

Photo: BGNES

Co-chairman of "We Continue the Change" party and former Minister of Finance, Assen Vassilev, said that there were two errors in the draft budget for 2023 presented by the caretaker government.

In a video on his Facebook page, Vassilev says: "The first is that under the Recovery and Sustainability Plan, all expenses are set to be fully made, while 0% of the revenues are envisaged. This is about 1 billion and 440 million euros. The second mistake is that the budget does not envisage collecting 100% dividend from the state-owned enterprises. This is an error costing 865 million euros. Just by correcting these two errors, the budget deficit would decrease by more than 2.25 billion and would fall to 3.6%", Vassilev commented.

The MP expressed hope that during the plenary discussions of the budget, the deficit would be reduced to 3%.

Translation: Al. Markov



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

Bulgarian-Ecuadorian business forum to be held in March

A Bulgarian-Ecuadorian Business Forum will be held in Bulgaria, jointly organized by the Bulgarian Chamber of Commerce and Industry and the Pro Ecuador office in Italy, accredited for Bulgaria.  The event will take place on March 13, 2025 at the..

published on 2/28/25 2:03 PM

USA is among the main destinations for Bulgarian high-tech exports

The USA is among Bulgaria's leading foreign trade partners, the US market is among the main export destinations for Bulgarian high-tech products . This was announced by the Minister of Economy and Industry, Petar Dilov, at the opening of the Explore..

published on 2/27/25 7:41 PM

Bulgarian-Greek business forum opens in Sofia

A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by the Bulgarian-Greek Chamber of Commerce and Industry and the Bulgarian Chamber of Commerce and..

published on 2/27/25 3:41 PM