The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV.
The draft law on the state budget for 2025 has been prepared without increasing existing taxes or introducing new ones, emphasized Minister Petkova.
The debt limit for 2025 is set at EUR 9.78 billion and the money will be used to repay maturing state debt from previous years and to finance the budget deficit.
Regarding the Recovery and Resilience Plan, Minister Petkova announced that intensive talks are currently underway with the European Commission. Bulgaria must propose a revised plan with realistic reforms and projects within an extremely short time frame. The revised draft is expected to be ready by the beginning of April, Minister Petkova added.
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)..
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..
Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...
Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management..
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