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

Bulgaria's wine sector sees poor grape harvest amidst growing investment interest

In mid-September, the traditionally great Christian feast of the Holy Cross (September 14) marks the beginning of one of the most anticipated agricultural processes – the grape harvest campaign. 2025 is no exception, but due to a number of factors, the..

published on 9/18/25 1:10 PM

Before the introduction of the euro, companies and citizens are rapidly depositing money into banks

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 of 3.25%. The submitted purchase orders amounted to 446 million leva with a coverage ratio of 1.49...

published on 9/17/25 8:45 AM

Bulgaria reports 0.1% monthly inflation for August

In August 2025, Bulgaria’s annual inflation rate stood at 5.3%, same as in July, according to data from the National Statistical Institute. Monthly inflation in August dropped to 0.1%, compared to 1.7% in July. Inflation measured from..

published on 9/15/25 1:44 PM