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.
Natural gas prices are expected to fall by about 14% from current levels, Bulgargaz CEO Veselin Sinabov told a public meeting of the Energy and Water Regulatory Commission (EWRC). This means that one megawatt hour will cost 31.91 euro, compared to 36.88..
The Bulgarian National Bank (BNB) has revised upwards its expectations for Bulgarian economic growth in 2025 but lowered its GDP growth forecast for 2026, it transpired from the Bank's regular quarterly Macroeconomic Forecast. In its March..
Bulgaria’s debt for 2024 amounts to BGN 48.846 billion (EUR 24 billion), or 24.1% of the country’s GDP, preliminary data from the National Statistical Institute (NSI) show. In 2023, the country's debt was BGN 42.383 billion (EUR 20.8 billion), or..
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