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

Finance Ministry releases draft of state budget for 2025

Photo: BTA

The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028.

The size of pension insurance is to be preserved in 2025, but is envisaged to increase by 3% in 2026 and by 2% in 2027. Next year, the minimum monthly salary will increase to EUR 522. Salaries in the budget sector are to go up by 10%. Salaries in education, security and defence are to go up in accordance with the mechanisms negotiated. As a proportion of the GDP, the overall level of revenues for the 2025-2028 period will range between 39.9% and 43%. The government debt over 4 years will go up from 27.8% to 32.8% of the GDP. The growth of the economy will increase to 2.8% in 2025 and to 3% in 2026. The inflation in 2025 is expected to be 2.6%. The budget for 2025 proposes an increase in the excise duty for alcohol and cigarettes, a one-off tax amnesty on the interest on tax arrears, and a one-time 15% tax on undeclared taxes.



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

International Technical Fair 2025 kicks off in Plovdiv

Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..

published on 9/24/25 8:55 AM
Fabian Bornhorst, head of the IMF mission in Bulgaria (R), and Svetlomira Porova, journalist at Capital Daily.

IMF: Bulgaria must strengthen fiscal discipline

Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..

published on 9/23/25 5:16 PM

Bulgaria's wine sector sees poor grape harvest amidst growing investment interest

In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..

published on 9/18/25 1:10 PM