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National Assembly Budget Committee rejects amendments to 2022 state budget

The National Assembly Budget Committee did not approve the proposed amendments to the 2022 state budget. However, the draft amendments will be voted at first reading at a plenary session, the committee’s chairperson Lyubomir Karimanski from There is..

10.06.22 10:07 |

Bulgaria’s cabinet expected to approve the new anti-crisis measures today

Bulgaria’s Premier Kiril Petkov called the anti-crisis measures amounting to EUR 1 billion “unprecedented”. The new measures will be included in the amendment of the state budget. The cabinet is expected to approve the measures at today’s sitting...

08.06.22 10:54 |
Assen Vassilev

There will be no flat wage increase in Bulgaria’s public sector

There will be no flat wage increase  in the public sector , Deputy Premier and Minister of Finance A s sen Vassilev said during the discussion of the state budget amendment at the National Council for  T ripartite Cooperation ...

07.06.22 19:28 |
Assen Vassilev

Assen Vassilev: Bulgaria’s government has developed an action plan should Russian gas stop flowing into the country

Bulgaria will change the macroeconomic framework of the state budget because of the war in Ukraine, Deputy Premier and Minister of Finance Assen Vassilev said . The government is plannning to set aside buffers to cope with the refugee..

15.03.22 15:08 |

Parliament adopts, definitively, budgetary framework for 2022

After almost 13 hours of deliberation, the National Assembly approved article 1 of the draft state budget for 2022 – the statement of revenue and expenditure or the so-called budgetary framework , which sets down a deficit of EUR 2.8..

24.02.22 09:37 |
Kiril Ananiev

Former Minister of Finance Kiril Ananiev demands withdrawal of draft state budget for 2022

Bulgaria’s MPs are discussing at a second reading the draft state budget for 2022. It envisages a budget deficit of EUR 2.8 billion. According to the draft document, Bulgaria will be able to issue government bonds to the tune of EUR 3.7 billion...

23.02.22 19:42 |
Assen Vassilev

Finance Minister Assen Vassilev is not expecting double-digit inflation

“We are not going to have double-digit inflation in the country,” Deputy Prime Minister and Minister of Finance Assen Bassilev stated in response to criticism during the discussion of the draft state budget in parliament. Minister Vassilev..

23.02.22 17:44 |

Bulgarian Academy of Sciences budget puts the institution at risk, scientists say

The state budget for 2022, which is expected to become effective as of April, envisages the allocation of 6.4 billion Leva – (approximately EUR 3.27 billion) for policies in the sphere of education and culture. Of this sum, Bulgaria’s oldest..

07.02.22 12:20 |
Assen Vassilev

Assen Vassilev: Minimum salary to rise to EUR 363 from April 1

In 2022, Bulgaria is expected to receive the first tranche  under the Recovery and Resilience Plan to the tune of  to EUR 1.6 billon , this country’s Deputy Premier and Minister of Finance Assen Vassilev said in an interview for the BNR.  In..

30.01.22 12:43 |
Assen Vassilev

Ministry of Finance presents 2022 draft budget

Bulgaria’s Deputy Prime Minister and Minister of Finance Assen Vassilev presented the 2022 draft state budget. He called it a budget of economic growth, which invests in people, projects and infrastructure. The projected revenues exceed EUR 29..

21.01.22 13:26 |
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