Podcast in English
Text size
Bulgarian National Radio © 2024 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

Diplomats play football with a team of refugees in charity tournament

Representatives of the diplomatic missions in Sofia together with a team of refugees and youth and student organizations will participate in a charity football tournament on the grounds of the National Football Base "Boyana" in the..

published on 9/29/24 9:25 AM

Temperature drops with stormy wind and rain

On Sunday a cold atmospheric front will pass through the country. In the morning, the cloudiness will begin to increase rapidly from the west and rainfalls will start. Later in the day there will also be precipitation in the..

published on 9/28/24 6:05 PM
Iliana Iotova

Iliana Iotova wishes voters to remember the end of the 50th parliament and to make a wise choice

The 50th National Assembly ended in a way that is very offensive to us, the Bulgarian citizens, Vice President Iliana Iotova said in Madzharovo, where the Day of Thracian Memory took place at the memorial complex with an ossuary..

published on 9/28/24 4:26 PM