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

Budget for 2025 will not include wage cuts and tax increases

Photo: BTA

A new draft law on the state budget for 2025 will be submitted to the Council of Ministers by 14 February, along with draft laws on the budget of the National Health Insurance Fund and the State Social Insurance Fund. This was promised by Finance Minister Temenuzhka Petkova at the meeting of the Joint Governance Council. According to the Finance Ministry's analysis, the state budget deficit for the first quarter of 2025 will be around BGN 3.634 bn.  (EUR 1.858 billion).

During the budget debate, the Council discussed the implementation of a number of measures to combat the grey economy and agreed not to cut public sector wages and social benefits and not to raise taxes. Bulgaria's entry into the euro area remains a priority.



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

122 years since the outbreak of the Ilinden-Preobrazhenie uprising

The 122 nd anniversary of the outbreak of the Ilinden-Preobrazhenie uprising will be marked on 2 August in the locality Predela with a flower and wreath laying ritual at the monument Ilinden. Razlog municipality has announced that the ritual will..

published on 8/2/25 7:05 AM

The Union of Thracian Societies commemorates the Ilinden–Preobrazhenie Uprising

In the village of Slaveyno near Smolyan, the Union of Thracian Societies in Bulgaria is organizing a National Gathering-Pilgrimage on August 2 and 3. The festival is dedicated to the 122nd anniversary of the Ilinden–Preobrazhenie Uprising and the 145th..

published on 8/2/25 5:35 AM

Temperatures begin to rise over the weekend

On Saturday minimum temperatures will range between 15 and 23° C., for Sofia 15° C. During the day the weather will be predominantly sunny, cumulus clouds will form around and after midday. There will be rain and thunder mostly in the mountain..

published on 8/1/25 6:35 PM