The budget deficit to be set down in budget 2023 will be 3% on an accrual basis. In the words of Finance Minister Assen Vassilev, that means a deficit of 4.5 billion Leva (euro 2.31 bn.). Minister Vassilev presented the main parameters of the draft budget for the year, to be submitted to the National Assembly at the beginning of July.
Before that, during the forum of the National Association of Pamporovo Municipalities, PM Nikolay Denkov announced that there will be a tangible increase in the funding for municipalities – by almost 25% - in the regular budget for this year. Because of the flooding and the damages inflicted, the disaster fund has been increased, from the EUR 40 million set down in the draft budget of the caretaker cabinet, to EUR 65 million. Around EUR 30 million of this money has so far been spent, which means that with the new sum set down, there will be around EUR 35 million available, plus possible buffers, if the need arises.
To come into effect as of 1 August, the budget needs to be adopted by the end of July.
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..
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..
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..
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During a short meeting on the sidelines of the UN General Assembly in New York, Bulgarian caretaker Minister of Foreign Affairs Ivan..
The caretaker government has adopted National Program for Prevention and Protection from Domestic Violence for the period 2024-2026 ,..
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