Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The Institute for Market Economics calls for budget deficit below 3%

Photo: ime.bg

We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute for Market Economics, told BNR. 

In presenting the institute's alternative state budget, the researcher said the 3% deficit limit was high. When you have tax revenue growth of over 12%, obviously the economy is doing well. The problem is the spending, he said. "There will be more spending for 2025 as well. It's not about cutting, it's about containing this spending growth," the economist said, calling for ambitions to be aligned with the macroeconomic environment.



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

The Eurozone and Bulgaria – from enthusiasm to skepticism

A little less than a month ago, Minister of Finance Temenuzhka Petkova presented, in Brussels, the headway Bulgaria has made along the road to joining the Eurozone. There, she stated that with its prudent fiscal policy, the country had earned its..

published on 3/14/25 2:23 PM

New destinations and digital solutions in tourism at the Holiday and SPA Expo 2025 in Sofia

From March 9 to 11, 2025, Inter Expo Center in Sofia plays host to the 41st edition of Holiday & SPA Expo. The event, organized with the support of the Bulgarian Ministry of Tourism, traditionally becomes a meeting point for leading experts,..

published on 3/8/25 7:10 AM
Minister of Finance Temenuzhka Petkova

Finance Minister Petkova expects the budget for 2026 to be in euros

The budget for 2025 is feasible and will likely be the last one in Bulgarian leva, Minister of Finance Temenuzhka Petkova said in an interview with bTV. The draft law on the state budget for 2025 has been prepared without increasing existing..

published on 3/3/25 11:07 AM