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

Institute of Market Economics: Тhere will be no apocalypse if 2025 budget is not adopted

Photo: ime.bg

The state will continue to function normally even without the parliament voting on the state budget, according to an analysis by the Institute for Market Economics (IME) called "Without a Budget for 2025 and Without an Extension Law: What Next?". 

The IME believes that, contrary to the apocalyptic pictures that are drawn in this scenario, the structural laws of the three major budgets in the state provide for such an option. 

The amount of the main payments is preserved and, according to the rules for fiscal stability, the payments will be up to the amount of revenues, which will nominally increase. 

"If the legal framework allows an immediate budget crisis to be avoided, then entering the new year without an adopted budget creates risks for the predictability of the business environment, for the economy as a whole and for the normal functioning of institutions and local authorities," the IME specifies.



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

Bozhidar Bozhanov

Bozhidar Bozhanov: Mariya Gabriel allegedly tried to have sanctions lifted for Peevski and other individuals

Mariya Gabriel from GERB allegedly tried to have sanctions lifted for Delyan Peevski and other individuals. This took place while she was Deputy Prime Minister and Minister of Foreign Affairs in Nikolay Denkov’s government, said in Parliament Bozhidar..

published on 10/29/25 6:45 PM
New speaker of the Bulgarian Parliament Raya Nazaryan (GERB)

Raya Nazaryan from GERB is the new Speaker of the Bulgarian Parliament

The ruling parties GERB-SDS, BSP-United Left and ITN signed an annex to their coalition agreement, specifying the rules for the rotation of the Speaker of Parliament. The new mechanism provides for each of the three political formations to nominate its..

published on 10/29/25 4:14 PM

41.5% of Bulgarians expect their personal finances to deteriorate in 2026

More and more Bulgarians fear about the future security of their finances . This is shown by a survey by the sociological agency "Measure", conducted between October 5 and 13, 2025 among 801 adult Bulgarian citizens.  Almost 60% of workers in..

published on 10/29/25 3:23 PM