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

Kristalina Georgieva calls for increasing revenues and reducing deficit

Photo: BGNES -library

Bulgaria should focus on adopting a budget that will help it enter the eurozone, International Monetary Fund Managing Director Kristalina Georgieva told Nova TV. According to her, the country is on its way to solving the problem of higher inflation. The forecast is for inflation to reach 2.6% in 2025. It is currently 2.8%.

"But if we decide to spend more than we have, a budget deficit would emerge and entry will be postponed. We have postponed it several times already, it is time to tell ourselves that we are bringing this work to the end, as happened with Schengen," Georgieva said. "Be careful, let's be more realistic. Yes, maybe revenues will increase. Let's not forget that we want to increase them with one-time actions, not with a systematic policy far raising revenues," she warned.



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 is a key player in the region's energy transition, says energy minister

Energy Minister Zhecho Stankov attended the tenth edition of the Delphi Economic Forum in Greece. "Bulgaria is a reliable partner in the region's energy transformation and security," he said during his speech at the panel "Addressing Energy Regional..

published on 4/10/25 5:42 PM

Testing of Average speed control systems started today

Testing of the sectional average speed control system began today. The tests are being conducted by the National Toll Authority in cooperation with the Bulgarian Institute of Metrology and are aimed at verifying the accuracy of the measurements before the..

published on 4/10/25 3:59 PM

Police bust human smuggling ring active since 2022

On 7 April, the Directorate for Combating Organised Crime dismantled a migrant smuggling network. Three people were arrested - the organiser and two of his associates.   The organiser is a third-country national who has been denied refugee status in..

published on 4/10/25 3:04 PM