Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria has lost USD 10 million over unratified government decisions, caretaker defence minister says

Caretaker Minister of Defence Dimitar Stoyanov
Photo: BGNES

By a government decision, connected with the contract for the first F-16 Block 70 fighter aircraft, an account has been opened at the US Federal Reserve in New York. Two similar decisions were made by previous governments in 2021 and 2022, but due to the fact that the previous parliaments have been so short-lived they have not been ratified and the country’s budget has lost USD 10 million.

Commenting on the matter, caretaker Minister of Defence Dimitar Stoyanov urged the current National Assembly to ratify the agreement between the Bulgarian Ministry of Defence and the Federal Reserve Bank of New York. In Minister Stoyanov’s words, this will ensure returns from the money paid in advance under the 2019 F-16 agreement, amounting to USD 1.2 billion. Talking to the members of parliament, Dimitar Stoyanov stated that fighters from Spain would be joining the air policing mission in Bulgaria as of 1 November.



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

Government resumes talks with unions and employers after freezing the 2026 budget

'The dialogue between employers and trade unions has been restored. Consultations will begin tomorrow at the Ministry of Finance to iron out all the details. The state is committed to supporting every Bulgarian citizen.' This was written by GERB leader..

published on 11/27/25 2:55 PM

NSI: Bulgarians' international travel increased 15% last year

Bulgarian citizens traveled abroad 829,300 times in October, which is 15% more than in October 2024 , according to the National Statistical Institute. The most popular destinations were Turkey, Greece, Serbia, Romania, Germany, North Macedonia,..

published on 11/27/25 2:39 PM

State-owned enterprises to combat corruption through an integrity officer

The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..

published on 11/27/25 1:30 PM