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.
The fees in the paid form of education in higher education institutions will not exceed 60% of the cost of education of a student in the state-funded system, the National Assembly has finally decided, BNR reporter Violeta Ashikova..
The Constitutional Court has failed to make a decision on the amendments to the Constitution relating to the possibility of the president to choose acting prime minister from a limited list of officials in the state administration...
Bulgaria’s position on the Gaza Strip remains unchanged. The priority is direct dialogue with Israel, aimed at improving the humanitarian situation in Gaza and achieving a lasting peace based on the two-state solution, the Bulgarian Ministry of..
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