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

Budget 2023 is ready; Assen Vassilev promises 3% deficit

Photo: BGNES

The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July.

Within the framework of the Sofia Economic Forum IV, Vassilev pointed out that the budget includes measures for a deficit of 3% without affecting social policy and taxes, but with higher tax collection envisaged. Minister Vassilev expects that "this year the wage rise will be twice the rate of inflation". According to him, if wages in our country continued to grow faster than GDP, the country would cope with the shortage of high-quality labor.

BSP announced that the budget is anti-social and they would not support it. "This is an accounting document, not a policy-making tool," summed up BSP leader Korneliya Ninova and specified that her party would prepare an alternative budget.



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

It will be cloudy over the weekend, temperatures rise

On Saturday , the lowest temperatures will be between 7 and 12°C; in Sofia - around 8°. In the morning hours visibility will be reduced in the plains. Before noon, precipitation will temporarily stop. In the second half of the day,..

published on 11/7/25 7:50 PM

Bulgarian Parliament adopts the amendments regarding Lukoil's special manager

The National Assembly adopted today, at first and second reading, legislative amendments that expand the powers of the special manager of the Lukoil refinery. The texts were adopted with the votes of the parliamentary majority formations GERB-SDS,..

published on 11/7/25 6:25 PM

Sales of starter sets with Bulgarian euro coins begin on December 1

Sales of starter sets with euro coins with the Bulgarian national side will begin on December 1, 2025 , the BNB announced. They will be in circulation from January 1, 2026.  The BNB and Bulgarian Posts will sell starter sets only to individuals;..

published on 11/7/25 6:10 PM