The Bulgarian Parliament has voted today on extending the validity of last year's state budget until the end of March 2022 . The bill was passed at first reading by the ruling four-party coalition. The opposition parties GERB and MRF abstained from..
There is no time to lose and soon the Ministry of Finance must submit the budget for 2022, the chairman of the parliamentary economic committee Martin Dimitrov told BNR. The new budget will also lift the moratorium on electricity prices. "Due to the..
Inflation, not the coronavirus epidemic, will be the bigger problem next year, Stoyan Panchev of the Expert Club for Economics and Politics predicted in an interview for the BNR. He clarified that high inflation will accompany us in the next five years...
Bulgaria’s cabinet has proposed that the 2021 budget be extended until March 31, 2021. On objective grounds , the 2022 state budget will not be adopted before the beginning of the next budget year, the government's press office announced . In..
The National Revenue Agency and the National Customs Agency are the main authorities engaged in revenue collection. They collect taxes and excise duties that go to the state budget. The two institutions have reported record-high revenues. The..
Before the new Bulgarian government takes oath, the caretaker cabinet has suspended the procedure for the prepared budget for 2022 . The plans are for the budget to be approved in January, and until then the state to spend 1/12 of the money provided for..
Bulgaria’s caretaker cabinet approved a report on the implementation of the state budget for the first 9 months of 2021. At the end of September, the fiscal surplus exceeded EUR 500 million. According to this country’s Ministry of Finance, revenue..
The Bulgarian National Bank is planning to hold an auction for the sale of five-year government bonds amounting to EUR 250 million. The auction is expected to be held on November 8. Since the beginning of 2021, Bulgaria has sold government bonds to..
The state budget surplus has melted away by almost 150 million euro in the space of one month. At the end of September, it was more than half a billion euro, at the end of October it stands at 362.5 million euro. According to the Ministry..
Inflation in Bulgaria is gaining momentum and prices continue to rise. The Confederation of Independent Trade Unions in Bulgaria (CITUB) forecasts that annual inflation will exceed 6%. CITUB insists that the 2021 state budget be amended for the second..
