Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

MPs adopt state budget during all-night parliamentary sitting

Photo: BTA

The National Assembly has finally adopted the state budget after a 21-hour-long parliamentary sitting, which ended today at 5:41 a.m. The budget has been prepared on the basis of macroeconomic indicators of 1.8% economic growth and 8.7% average annual inflation. Yesterday, however, the Bulgarian National Bank lowered its forecast for GDP growth to 1%.

"The budget is within the initially set parameters - with a 3% deficit, with a serious capital program, with a redistribution of part of the capital expenses to additional payment in the amount of about 150 million EUR," Minister of Finance Assen Vassilev said. According to him, the fiscal measures have largely been preserved in order to collect the revenues.

The salaries of employees in companies with a staff of over one hundred people are now required to be transferred by bank, the MPs have decided.

The Ministry of the Interior, the State Agency for National Security, the National Social Security Institute and other ministries and departments will receive funds for raising the salaries of their employees. Additional funds have also been provided for the BNR – about 750,000 euro more than what was previously proposed by the Ministry of Finance.




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

Heat wave will be back on Sunday

Tomorrow the weather in Bulgaria will be sunny, hot in the afternoon. Maximum temperatures will be mostly between 32°C and 37°C, in Sofia - around 32°C. Over the mountains it will be sunny. In the afternoon there will be light clouds. A..

published on 6/29/24 6:15 PM

Ministry of Tourism finds violations on the Black Sea coast

Since the beginning of the summer tourist season on the Black Sea coast, more than 170 inspections have been carried out and six violations have been detected, four of which have been the subject of administrative acts, said in Burgas Ivan Videlov,..

published on 6/29/24 4:23 PM
Iliana Iotova in Belogradchik, 29 June 2024

Vice President Iliana Iotova: There is a danger of serious political crisis

Vice President Iliana Iotova has described the situation in Bulgaria as "extremely unstable". "There is a great danger of a serious political crisis that could make it impossible for us to cope with the Recovery and Resilience Plan, with the operational..

published on 6/29/24 3:05 PM