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.
Cooperation between Bulgaria and China in the field of agriculture and food is very active and is constantly expanding. This was stated at a meeting in Sofia between Deputy Minister of Agriculture and Food Lozana Vasileva and Wan Lejun, Chief Animal..
Bulgaria is making good progress toward joining the Eurozone, as inflation is decreasing towards the threshold set by the criteria, European Bank for Reconstruction and Development President Odile Renaud-Basso said in an interview with BTA. The..
Bulgaria's Ministry of Transport has been working for years to develop Corridor No. 8, connecting the Adriatic with the Black Sea through Albania, North Macedonia and Bulgaria. Of the 1,220 km of railway line along the corridor, 747 km are on the..
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