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.
A discussion on the potential reintroduction of religious education in Bulgarian schools was held at the National Palace of Culture in Sofia. The discussion was organized by the Ministry of Education and Science. Religions will be studied from a..
Bulgaria’s Ambassador to the United States Georgi Panayotov has requested an early end to his term, the Ministry of Foreign Affairs announced. The reasons for his resignation were not specified. Ambassador Georgi Panayotov is a career diplomat..
The Israel Defense Forces (IDF) have admitted to mistakenly firing on a UN facility in central Gaza in March, killing an UN staffer, reported BTA. Until now, the IDF had denied responsibility for the March 19 strike in Deir al-Balah that killed..
A peaceful civic protest under the motto “Protecting our children – car procession and blocking traffic on Danube Bridge” will take place on Saturday...
In 2024, the poverty line in the country was €375 per month on average per person in a household. A total of 1,401,300 people, or 21.7% of the population,..
On Saturday lows will be between 5 and 10°C, around 7°C in Sofia. Before noon it will be mostly sunny and calm. In the afternoon there will be isolated..
+359 2 9336 661