Caretaker government approved draft state budget for 2025
The caretaker cabinet approved the 2025 sate budget bill and the draft budgets of the National Health Insurance Fund and the public social insurance system.
The, warning that it could endanger the country`s adoption of the euro. The central bank expressed concerns that the proposed budget risks violating key Maastricht criteria, particularly those related to budget deficit and price stability. According to the BNB, the sharp increase in current budget expenditures increases the likelihood of an increase in the tax and social security contributions for businesses and households.
Caretaker Prime Minister, Dimitar Glavchev, emphasized that the government is prepared to withdraw the draft budget if the Parliament exceeds the 3% budget deficit, a critical threshold for Bulgaria`s entry into the Eurozone.
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The, warning that it could endanger the country`s adoption of the euro. The central bank expressed concerns that the proposed budget risks violating key Maastricht criteria, particularly those related to budget deficit and price stability. According to the BNB, the sharp increase in current budget expenditures increases the likelihood of an increase in the tax and social security contributions for businesses and households.
Caretaker Prime Minister, Dimitar Glavchev, emphasized that the government is prepared to withdraw the draft budget if the Parliament exceeds the 3% budget deficit, a critical threshold for Bulgaria`s entry into the Eurozone.
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Източник: bnt.bg
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