Text size

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

published on 4/27/23 7:20 PM

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!

Radio Bulgaria News budget deficit draft budget state budget

More from category

For the first time since 1985 the demographic decline in Bulgaria has practically stopped

For the first time in 38 years the population of Bulgaria has practically stopped its downward trend. In 2023 the decline is by a mere 0.3%, or just 2,229 people, indicate data from the demographic development strategy for last year. At the end of..

published on 9/27/24 11:29 AM

Rumen Radev, briefing for Bulgarian media, New York, 26 September, 2024

President Rumen Radev meets with representatives of business companies in US

Bulgaria is growing more and more visible for businesses in the US, said Bulgaria’s President Rumen Radev at a briefing in New York after meeting with representatives of American companies. “Interacting with American companies and with..

published on 9/27/24 10:40 AM

38% of adults in Bulgaria will go to the polls in October election: Survey

If the election for parliament were to be held today, 7 political formations are certain to enter the National Assembly, indicates a poll by Trend agency, commissioned by 24 Chasa daily. GERB/SDS comes first with an approval rating of 24.8%...

published on 9/27/24 10:26 AM