Ministry of Finance

Bulgaria's PM Urges Parliament to Prioritize Budget Adoption Amid Political Uncertainty

Caretaker Prime Minister Dimitar Glavchev emphasized that the adoption of the national budget remains a top priority for Bulgaria. He urged the 51st National Assembly to begin its work so that the budget can be discussed and approved. Glavchev noted that the Ministry of Finance has already prepared the budget and shared it with political parties.

Nationwide Survey to Assess Readiness for Euro Adoption in Bulgaria

The Ministry of Finance has announced plans to conduct a study analyzing the attitudes, expectations, and challenges faced by citizens and businesses in relation to Bulgaria's transition to the eurozone. A public procurement valued at 400,000 leva, excluding VAT, has been launched for this purpose.

Bulgaria to Increase Pensions by Nearly 10% in 2025

Pensions in Bulgaria will be increased by 9.6-9.7% from July next year, as per the Ministry of Finance's latest estimates, which are in line with the Swiss indexation rule. Initially, experts had predicted a smaller increase of 8.7%. As a result, the minimum pension is expected to rise to approximately 636-637 leva.

Closed properties: How to make renovation money with…tax-free rent

The Ministry of Finance aims to address the growing housing problem by offering a dual incentive to taxpayers: a subsidy for the renovation of vacant properties and tax-free rental income. The “Renovate – Rent” program provides a subsidy of up to €8,100 for renovation expenses, while the income from the rental remains tax-free for three years.

Let’s see an example:

Serbia registers 18.8 bln dinar budget surplus in January-September

BELGRADE - Between January and September this year, Serbia saw an 18.8 bln dinar budget surplus, which is 104.5 bln dinars better than a planned 85.7 bln deficit.

Revenues in the period totalled 1,583.6 bln dinars, with expenditures at 1,564.8 bln dinars.

According to figures released by the Ministry of Finance, a 3.6 bln dinar surplus was registered in September alone.

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