Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Bulgaria's Fiscal Council recommends introducing budget savings measures in 2026 state budget

Photo: BNT

In view of the country's declining population, the Fiscal Council recommends that the government take savings measures in the 2026 state budget. 

The measures include: reducing the municipal administration by merging municipalities; optimizing the workforce at the Bulgarian police; civil servants and police officers, like all other citizens, should start paying personal insurance contributions.

The reasons given are that the burden of personnel costs has become too great - 10% of the country's GDP; the outpacing growth of incomes in relation to inflation stimulates consumption and generates more inflation; the growth of wages in the state sector forces employers in the private sector to also increase wages; the priority increase in wages in certain sectors creates a sense of injustice and leads to protests for higher wages in other sectors as well.

Edited by Ivo Ivanov
English publication: R. Petkova



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Rosen Zhelyazkov: Bulgaria is among the most dynamic and promising economies in Southeastern Europe

Bulgaria is among the most dynamic and promising economies in Southeastern Europe, said Prime Minister Rosen Zhelyazkov. He participated in a luncheon roundtable discussion in New York organized by the Delphi Economic Forum and the Business Council..

published on 9/26/25 11:15 AM

International Technical Fair 2025 kicks off in Plovdiv

Plovdiv is hosting the 79th International Technical Fair from September 24 to 27, 2025 , bringing together leading companies, innovators, and industry professionals. The Forum highlights technological advancement and sustainable development across key..

published on 9/24/25 8:55 AM
Fabian Bornhorst, head of the IMF mission in Bulgaria (R), and Svetlomira Porova, journalist at Capital Daily.

IMF: Bulgaria must strengthen fiscal discipline

Bulgaria has the opportunity to reap the full benefits of eurozone membership , but this will require stronger fiscal discipline, effective management of transition risks, and accelerated structural reforms , the International Monetary Fund (IMF)..

published on 9/23/25 5:16 PM