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

Bulgaria meets the final criterion for eurozone membership and will request a convergence report

According to data from Eurostat, Bulgaria has met the final criterion for joining the eurozone, namely price stability, Minister of Finance Temenuzhka Petkova announced at the beginning of an extraordinary meeting of the Council of Ministers. She..

published on 2/24/25 5:00 PM

Rosen Zhelyazkov: Ukraine must be given guarantees for a lasting and just peace

Prime Minister Rosen Zhelyazkov reaffirmed Bulgaria's support for the independence, sovereignty and territorial integrity of Ukraine. He participated in the summit initiated by Ukrainian President Volodymyr Zelenskiy to mark the third anniversary of..

published on 2/24/25 4:30 PM
Hungary's Minister of Agriculture István Nagy

Bulgaria, Hungary, Romania and Slovakia call on EC to restore pre-war import quotas for Ukrainian agricultural products

The Ministers of Agriculture of Bulgaria, Hungary, Romania and Slovakia have called on the European Commission to restore pre-war import quotas for Ukrainian agricultural products, said Hungary's Minister of Agriculture, István Nagy, as cited by BTA...

published on 2/24/25 1:44 PM