The National Assembly has finally adopted the state budget after a 21-hour-long parliamentary sitting, which ended today at 5:41 a.m. The budget has been prepared on the basis of macroeconomic indicators of 1.8% economic growth and 8.7% average annual inflation. Yesterday, however, the Bulgarian National Bank lowered its forecast for GDP growth to 1%.
"The budget is within the initially set parameters - with a 3% deficit, with a serious capital program, with a redistribution of part of the capital expenses to additional payment in the amount of about 150 million EUR," Minister of Finance Assen Vassilev said. According to him, the fiscal measures have largely been preserved in order to collect the revenues.
The salaries of employees in companies with a staff of over one hundred people are now required to be transferred by bank, the MPs have decided.
The Ministry of the Interior, the State Agency for National Security, the National Social Security Institute and other ministries and departments will receive funds for raising the salaries of their employees. Additional funds have also been provided for the BNR – about 750,000 euro more than what was previously proposed by the Ministry of Finance.
“The Ministry of Finance does not finance salaries of employees in municipal and private companies , but activities specified in the State Budget Act, the Road Transport Act and the Regulation on the terms and procedure for providing funds for..
The Ukrainian Embassy in Bulgaria has created an electronic book of condolences for the tragedy that took place on Palm Sunday in the city of Sumy. At least 34 people were killed in a Russian ballistic missile strike in the center of the city..
Public transport workers in Sofia, Varna and Ruse took to the streets of the capital under the slogan “Decent work – decent pay! Without transport there is no economy!”, organized by the largest trade unions in the country. The demonstrators..
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Protests demanding safer roads following the death of 12-year-old Siyana Popova took place across the country. Thousands of people gathered in the..
The relations between Bulgaria and Turkiye—friendly, cooperative and steadily built over decades—are a guarantee for protecting not only national but..
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