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

Institute of Market Economics: Тhere will be no apocalypse if 2025 budget is not adopted

Photo: ime.bg

The state will continue to function normally even without the parliament voting on the state budget, according to an analysis by the Institute for Market Economics (IME) called "Without a Budget for 2025 and Without an Extension Law: What Next?". 

The IME believes that, contrary to the apocalyptic pictures that are drawn in this scenario, the structural laws of the three major budgets in the state provide for such an option. 

The amount of the main payments is preserved and, according to the rules for fiscal stability, the payments will be up to the amount of revenues, which will nominally increase. 

"If the legal framework allows an immediate budget crisis to be avoided, then entering the new year without an adopted budget creates risks for the predictability of the business environment, for the economy as a whole and for the normal functioning of institutions and local authorities," the IME specifies.



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

Slovak President Peter Pellegrini with President of North Macedonia Gordana Siljanovska

Slovak Ambassador summoned to Ministry of Foreign Affairs over statements made in Skopje

Slovak Ambassador Vasil Grivna was summoned to the Ministry of Foreign Affairs over official statements made by Slovak President Peter Pellegrini during his visit to Skopje on October 14. There were unacceptable assessments made..

published on 10/16/25 10:40 AM

Vice President presents the most famous Chinese scholar of Bulgarian studies with an order

On behalf of the Head of State Rumen Radev, Vice President Iliana Iotova presented the Order of Sts. Cyril and Methodius, first degree, to Professor Ma Sipu, the press office of the president reported. The award was presented at..

published on 10/16/25 8:50 AM

Bulgarian Air Force celebrates its holiday

On the occasion of the Aviation and Air Force Day on October 16, at 09:00, flowers and wreaths will be laid at the Aviators Monument near the National Assembly in the capital city, the Ministry of Defense reports. The solemn..

published on 10/16/25 6:10 AM