Rositsa Velkova
Bulgarian National Bank: Incompetent and Irresponsible Statements! Changing the BGN-EUR Exchange Rate is Impossible
"Changing the leva-euro exchange rate is impossible". This is stated by the Bulgarian National Bank to National radio, after yesterday information was spread, which is claimed to be from a report of the Ministry of Finance, according to which there is a risk of a change in the exchange rate of the leva against the euro.
Bulgaria’s Finance Minister: There is No Risk of Bankruptcy
"There is no risk of bankruptcy of the state, nor of the intervention of the International Monetary Fund and the need to take out new debt." This was stated on the National Television by the Acting Minister of Finance Rositsa Velkova. Her comment was on the occasion of the two scenarios of the long-term budget forecast leaked to the media yesterday.
Bulgaria’s Finance Ministry will propose Budget 2023 with a 3% Deficit, Tax Changes and Spending Cuts
The Ministry of Finance is preparing a draft Budget 2023 with a deficit of 3%, tax changes and cutting some expenses. This became clear at a briefing by Acting Finance Minister Rositsa Velkova.
The project provides for:
Ministry of Finance: Bulgaria is facing Bankruptcy, there is Risk for the Fixed BGN-EUR Exchange Rate
Bulgaria is threatened with bankruptcy. There is a serious problem in maintaining fiscal stability.
By the End of March, Bulgaria’s Finance Ministry will have a Website for the Euro
The website, which will be the main channel for informing Bulgarian citizens and businesses about all aspects of the adoption of the euro, is expected to be developed by the end of March 2023. This was stated by the Minister of Finance Rositsa Velkova.
The Bulgarian Government approved a Ban on In-House Procedures
The caretaker government approved changes to the Public Procurement Law, which provide for the abolition of in-house procedures in public procurement. This was announced by acting Finance Minister Rositsa Velkova at a briefing in the Council of Ministers.
Bulgaria’s Finance Ministry expects Average Annual Inflation of 12.6%
The average annual inflation is expected to be 12.6%, announced the Acting Finance Minister Rositsa Velkova. She presented the preliminary calculations of the macroeconomic forecast until 2025.
Next year, inflation will slow down to 5.8%, expect from the Ministry of Finance.
Finance Minister of Bulgaria Tests Positive for COVID-19
The Bulgarian Minister of Finance Kiril Ananiev gave a positive result to a PCR test for COVID-19.
He is in good general condition and asymptomatic at the moment. His test was regular.
Deputy Finance Minister Rositsa Velkova will serve as finance minister for the period when Minister Ananiev is under quarantine.
Bulgarian PM Borisov: The Offer for the Eight F-16 Fighter Aircrafts is BGN 2.2 Billion
The price offer for the eight F-16 fighter aircrafts is 2.2 billion BGN, Bulgaria's Prime Minister Boyko Borissov said on 20th of June. To buy the planes, Bulgaria will negotiate a new government debt of up to BGN 1 billion. This was announced by the Deputy Minister of Finance Rositsa Velkova. According to her, the amount of the sum to be issued is not yet specified. reports BNT.