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 taxes or introducing new ones, emphasized Minister Petkova.
The debt limit for 2025 is set at EUR 9.78 billion and the money will be used to repay maturing state debt from previous years and to finance the budget deficit.
Regarding the Recovery and Resilience Plan, Minister Petkova announced that intensive talks are currently underway with the European Commission. Bulgaria must propose a revised plan with realistic reforms and projects within an extremely short time frame. The revised draft is expected to be ready by the beginning of April, Minister Petkova added.
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A Bulgarian company is expanding its production of laser cutting machines in the Sofia-Bozhurishte Industrial Park, the Ministry of Economy announced. The investment is worth 2 million leva (over 1 million euros). The company will build a new..
Bulgaria's Ministry of Finance placed 7-year government securities on the domestic market for 300 million leva. (144 million euros) and an interest rate..
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