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The President set to veto the 2024 budget.

published on 11/27/23 2:07 PM

Photo: BTA

There are no precedents for a presidential veto on the draft state budget. But if Parliament does not bring the Finance Minister to his senses, I do not rule out such a possibility, President Rumen Radev told journalists in Burgas. The head of state said that we are witnessing a series of risky ventures in the financial sector.

The Finance Minister's intention to sell the State Land Fund was unacceptable, the President said. Mr Radev stressed that this land is a strategic resource and cannot be wasted for current budgetary needs or to compensate for the inability to manage state finances. According to Radev, this also opens the door to abuse. I call on wise politicians from all parties to stop this adventure," the President added.

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Radio Bulgaria News Assen Vassilev budget 2024 President Rumen Radev State Land Fund veto

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