Podcast in English
Text size
Bulgarian National Radio © 2025 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

Sofia Mayor Vassil Terziev

Sofia municipality plan envisages modern tourism conditions and year-round access to Mount Vitosha

A Sofia municipality plan for the development of Mount Vitosha envisages improving transport connectivity and year-round access to the mountain. The most important thing is for Vitosha to be integrated into the city, Sofia mayor Vassil Terziev..

published on 4/3/25 10:46 AM
The oil slick before it was cleaned up

Oil slick on Varna beach cleaned up

The oil slick between waterbreakers 2 and 2 on the beach in Varna has been cleaned up, there is no oil in the sea water either, indicate the results of an inspection by the commission appointed by order of the regional governor. However, small oil..

published on 4/3/25 9:44 AM

Salaries at psychiatric hospitals to go up by 50%

The parliamentary Committee on Health has decided to raise the pay of the people employed at state-run psychiatric hospitals by 50% as of 1 May this year. The MPs tasked two cabinet ministers - of health and of finance – to take the necessary steps,..

published on 4/3/25 9:02 AM