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

Budget 2023 is ready; Assen Vassilev promises 3% deficit

Photo: BGNES

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, Vassilev pointed out that the budget includes measures for a deficit of 3% without affecting social policy and taxes, but with higher tax collection envisaged. Minister Vassilev expects that "this year the wage rise will be twice the rate of inflation". According to him, if wages in our country continued to grow faster than GDP, the country would cope with the shortage of high-quality labor.

BSP announced that the budget is anti-social and they would not support it. "This is an accounting document, not a policy-making tool," summed up BSP leader Korneliya Ninova and specified that her party would prepare an alternative budget.



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

50 drones paint a heart in the sky on World Heart Day

The initiative "Take a Walk with Your Cardiologist" was held in major Bulgarian cities to mark today’s World Heart Day. The Organizers from the Bulgarian Society of Cardiology emphasized the importance of regular moderate physical..

published on 9/29/24 5:53 PM

Weather forecast for Monday: Precipitation stops but temperatures remain low

On Monday, there will still be showers in the eastern half of the country. It will stop raining by the evening. Clouds will break in the western part of the country. It will be mostly sunny in Southwestern Bulgaria in the afternoon. There will be..

published on 9/29/24 5:20 PM

The tambura, gadulka and shepherd's flute may soon disappear from the music stages

Traditional folk instruments, including the tambura, gadulka and kaval (shepherd's flute) are expected to disappear from Bulgarian stages within 10 to 15 years if no attention is paid to folk music performers, shows an analysis from a field study..

published on 9/29/24 4:28 PM