The Parliamentary Committee on Budget and Finance has approved at first reading the Law on the State Budget Act for 2024. The project was supported by PP-DB, GERB-SDS and DPS. GERB-SDS, however, defined it as a "compromise" and criticized the set deficit of 3%, as according to them, it should be lower. The budget was severely criticized by "Vazrazhdane", BSP for Bulgaria and ITN because of the social policy and the high level of debt.

"Maintaining a zero or one-percent deficit is a policy of stable poverty... If we want Bulgaria to really catch up with Europe, we must do something different than what has been done in recent years and even decades. Let's make our investment program the way it is done all over the world and this is done by attracting fresh resources," Finance Minister Assen Vassilev told the committee, BTA reported.