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

More Bulgarian military deployments abroad in 2024 under discussion, says Defence Minister

MoD budget increased by another 400 million euro for 2024

Photo: BGNES

Defence Minister Todor Tagarev and Chief of Defence Staff Admiral Emil Eftimov have congratulated the Bulgarian military on the upcoming Christmas and New Year holidays from the NATO and EU missions in Bosnia and Herzegovina - ALTHEA, Kosovo - KFOR and Iraq. 

In the traditional videoconference, Tagarev stressed that the ministry's budget had been increased by more than 400 million euro this year. The money is used for new projects, modernisation contracts, salary increases, additional financial incentives, rewards and increased travel allowances. A further €400 million increase in defence spending is planned for 2024, Tagarev said. 

He noted that participation in new foreign operations is also being discussed because "unfortunately, the security situation in the world is becoming more complicated".



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

Ivelin Mihaylov

Velichie founder Ivelin Mihaylov says he was threatened by party’s parliamentary group chair Nikolay Markov

“Five people from the parliamentary group are going to be “torn apart” during the voting for a cabinet but will, most probably, not give their support,” Ivelin Mihaylov, one of the founders of Velichie party said for the BNR. GERB-SDS..

published on 7/2/24 10:08 AM

IMF urges Bulgaria to raise social security contributions and pensions

In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in..

published on 7/2/24 9:21 AM
Dimitrina Goranova

Tourist industry wants lower VAT to remain in place

Bulgarian tour operators and travel agents are hoping the new parliament will reconsider the decision to revert to the higher VAT (20%) for the industry as of 1 July. They are insisting that tourist packages be subject to 9% VAT until the end of..

published on 7/2/24 8:48 AM