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

MPs adopt state budget during all-night parliamentary sitting

Photo: BTA

The National Assembly has finally adopted the state budget after a 21-hour-long parliamentary sitting, which ended today at 5:41 a.m. The budget has been prepared on the basis of macroeconomic indicators of 1.8% economic growth and 8.7% average annual inflation. Yesterday, however, the Bulgarian National Bank lowered its forecast for GDP growth to 1%.

"The budget is within the initially set parameters - with a 3% deficit, with a serious capital program, with a redistribution of part of the capital expenses to additional payment in the amount of about 150 million EUR," Minister of Finance Assen Vassilev said. According to him, the fiscal measures have largely been preserved in order to collect the revenues.

The salaries of employees in companies with a staff of over one hundred people are now required to be transferred by bank, the MPs have decided.

The Ministry of the Interior, the State Agency for National Security, the National Social Security Institute and other ministries and departments will receive funds for raising the salaries of their employees. Additional funds have also been provided for the BNR – about 750,000 euro more than what was previously proposed by the Ministry of Finance.




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

Ambassador Nathaniel Copsey

UK ambassador to Bulgaria welcomed in Smolyan with bread, honey and bagpipes

The UK Ambassador to Bulgaria, Nathaniel Copsey, has met with students from the Language High School in Smolyan to present the "Ambassador for a Day" initiative. It will be held for the eighth consecutive year by the British Embassy...

published on 10/18/24 4:25 PM

Radoslava Nedyalkova from Milan is "Bulgarian Woman of the Year-2023"

Radoslava Nedyalkova from Milan was chosen as "Bulgarian Woman of the Year-2023" among the 24 nominated compatriots from 19 countries. The distinction in the name of St. Zlata Maglenska was awarded today at a solemn ceremony at UNWE..

published on 10/18/24 4:07 PM
Minister of Innovation and Growth  Rosen Karadimov

IT professionals authenticate machine voting devices for the election

A total of 259 reports of vote buying for the early parliamentary elections on October 27 have been submitted to the Ministry of Interior. 70 pre-trial proceedings have been initiated, 36 people have been detained, Minister of the..

published on 10/18/24 3:50 PM