Employees in various government administration units are gearing up for protests in the coming week , demanding a pay rise in the 2023 budget. Social tensions are brewing at the National Social Security Institute, the Commission for Consumer Protection,..
The government approved the draft of the state budget for 2023 which has to be endorsed by the National Assembly by the end of July. However, its basic parameters dashed the hopes of any pay raises, particularly in key sectors that are underfinanced...
The National Council for Tripartite Cooperation holds an extraordinary meeting today , the government press center has reported. The draft state budget will be discussed, as well as the draft budget of the National Health Insurance..
“I am not going to criticize the budget now, there are things we do not agree with. There are sectors which care very much what this budget will be like, and the investment mechanisms,” GERB leader Boyko Borissov said in parliament. Asked whether..
Prime Minister Nikolai Denkov expects the state budget for 2023 to be supported in parliament by GERB-SDS and the Movement for Rights and Freedoms. "Certainly, GERB and MRF have the right to make comments and proposals, but for me..
The Ministry of Finance has published the draft of the State Budget Act for 2023. It envisages that at the end of the year inflation will be 5.6%. The projected GDP growth is 1.8 percent, relying on rise in exports and consumption...
The draft budget for 2023 is ready, Minister of Finance Assen Vassilev said. The bill is due to be published for public consultation and to enter parliament in early July. Within the framework of the Sofia Economic Forum IV,..
Bulgaria remains the country of the EU with the lowest incomes, and this problem was actually made worse by the series of crises – first the pandemic, then Russia’s war in Ukraine, the energy crisis, and all this crystallizing into a “cost of living..
The budget deficit to be set down in budget 2023 will be 3% on an accrual basis. In the words of Finance Minister Assen Vassilev, that means a deficit of 4.5 billion Leva (euro 2.31 bn.). Minister Vassilev presented the main parameters of the draft..
The new extension of last year's state budget should be valid until the end of July, the members of the relevant parliamentary committee decided, considering in the second reading the so-called extension law for State Budget 2022. In the editing..
