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

Admiral Emil Eftimov

Bulgaria's Chief of Defense Emil Eftimov to present an analysis of the state of the Armed Forces

The annual conference of Bulgaria’s Chief of Defense Admiral Emil Eftimov will take place from February 25 to 26, 2025. Today, Admiral Eftimov will present the "Analysis of the state and preparedness of the Armed Forces in 2024." Defense Minister..

published on 2/25/25 7:10 AM

Goethe Institut Bulgaria hosts a discussion on the potential of culture to counter youth aggression

Goethe Institut Bulgaria and Ideas Factory Association are organizing a discussion on the role of culture as a means of countering violence and youth aggression. The event will take place from 16.0 pm to 18.00 pm at Goethe Institut Bulgaria. The open..

published on 2/25/25 6:00 AM

Temperatures are expected to rise on Tuesday

On Tuesday , the minimum temperatures in Bulgaria will be between minus 5 and 0°C, in the northeast - as low as minus 11°C. In Sofia, it will be around minus 3°C.  In the morning, fog is possible near the rivers. During the day, there will be light..

published on 2/24/25 7:25 PM