Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Deficit in 2023 draft state budget can be reduced to 3%

Photo: BGNES

Reserves have been found, thanks to which the deficit included in the 2023 draft state budget can be reduced from 6.4% to 3%. This was announced by Asen Vassilev, co-chairman of "We Continue the Change - Democratic Bulgaria", after a meeting of deputies from the group and their colleagues from GERB with experts in the Ministry of Finance. 


Social spending will not be cut and tax changes are not foreseen, Vasilev said. 

When asked where the reserves will come from, he replied: "I think the surprises are not big - one is the Recovery and Resilience Plan, the other is dividends, the third is partly for the maintenance of the various departments, the fourth is the capital program".

The Minister of Finance Rositsa Velkova did not attend the meeting, as she is on a working visit abroad.


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

Temperatures will drop, snowfall expected in high places

A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...

published on 11/20/24 7:35 PM

56% of Bulgarians want the parliament to elect a cabinet, even at the cost of compromises

56% of Bulgarians prefer the new 51st National Assembly to form a government, even if this is at the cost of compromises, indicate data of a national representative survey conducted by the polling agency "Gallup International" for the "Referendum"..

published on 11/20/24 6:00 PM
Katya Staykova and LI Yue during the signing of the memorandum

Trakia Economic Zone enters into a strategic partnership with a Chinese university

A Memorandum of Cooperation between Cluster Trakia Economic Zone and Shenzhen Polytechnic University (SZPU) was signed in Beijing by Katya Staykova, CEO of Cluster Trakia Economic Zone, and Ms. LI Yue, Vice President of the Chinese higher education..

published on 11/20/24 5:46 PM