The country's financial situation and preparations for this year's budget were discussed at today's meeting of the Joint Governance Council. Speaking at a briefing after the meeting, Prime Minister Rosen Zhelyazkov said that the government would not increase the social security burden and change taxes when preparing the budget for 2025. The budget will meet the legal requirements - spending up to 40% of GDP and a budget deficit not exceeding 3%.
However, he did not specify what spending restrictions would be imposed to maintain the 3% deficit. The exchange rate of the Bulgarian lev to the euro is fixed and will not change, Zhelyazkov assured.
In another development, Prime Minister Rosen Zhelyazkov has dismissed Lyudmila Petkova as deputy finance minister. She headed the Finance Ministry in two caretaker cabinets before her brief stint as deputy minister in Zhelyazkov's cabinet. Petkova was acting finance minister when reports emerged of a 19 billion leva shortfall in the state treasury.
“We Continue the Change – Democratic Bulgaria”, “Alliance for Rights and Freedoms” and MECH have submitted a request to the Speaker of the National Assembly Natalia Kiselova to convene an extraordinary plenary session to consider the..
The contingent of the NATO Stabilization Force in Kosovo has been welcomed with a solemn ceremony in Blagoevgrad, BTA reports. In his welcome address, Defense Minister Atanas Zapryanov congratulated the servicemen on the successful..
An organized crime group involved in circulating counterfeit banknotes – dollars and euros, as well in holding counterfeit Bulgarian levs has been dismantled in Plovdiv, BTA reports. Six people have been arrested, including the..
From July 28 to August 3, the town of Blagoevgrad (Southwestern Bulgaria) will host the 32nd edition of the prestigious International Mathematics..
Three helicopters arrived at Plovdiv Airport under the EU Civil Protection Mechanism. One came from Hungary, the second from Slovakia, and the..
The branch of "Angel Kanchev" University of Ruse which was opened earlier this year in the Moldovan town of Taraclia, has officially taken ownership of..
Partly cloudy, chance of rain
Partly Cloudy
Clear
Mostly Cloudy
sunshine, cloud, rain and thunder