Balgarianovinite.com The government has submitted to Parliament the draft 2026 State Budget Act, the Public Social Insurance Budget Act and the National Health Insurance Fund (NHIF) Budget Act, according to a reference on the National Assembly’s website on Wednesday. Earlier in the day, the three draft budgets were approved by the Council of Ministers.
The draft State Budget Act projects a deficit under the Consolidated Fiscal Programme (CFP) of 5.7% of gross domestic product (GDP). Revenue, grants and donations are projected at EUR 49.6 billion, while total expenditure is set at EUR 56.8 billion.
The maximum amount of new government debt that may be incurred in 2026 is set at EUR 10.1 billion. The figure includes a loan of up to EUR 3.261 billion under the European Union’s Security Action for Europe (SAFE) instrument to strengthen the defence industry. Government debt is projected to reach EUR 37.7 billion, or 30.1% of GDP.
According to the explanatory memorandum, the fiscal framework for 2026-2028 reflects the inherited state of the public finances and imbalances accumulated in recent years. It also includes short-term measures aimed at preserving fiscal sustainability.
The draft Public Social Insurance Budget Act projects the average pension at EUR 543.46 in 2026. A total of EUR 13.503 billion, or 10.8% of projected GDP, has been earmarked for pensions and pension supplements, an increase of EUR 1.179 billion, or 9.6%, compared with 2025.
The draft also maintains the childcare benefit for raising a child up to the age of two, as well as the benefit paid to fathers or adoptive parents caring for a child up to the age of eight, at EUR 398.81 per month. The minimum and maximum daily unemployment benefits will remain unchanged at EUR 9.21 and EUR 54.78, respectively.
From August 1, civil servants and employees covered by the Judicial System Act are expected to begin paying personal social security contributions. From that date, the contribution burden will be split 80:20 between employer and employee, before moving to a 60:40 ratio from January 1, 2027, in line with the arrangements for other employees.
The draft NHIF Budget Act projects revenue and transfers of EUR 5.25 billion, including EUR 5.138 billion in health insurance revenue, of which EUR 3.187 billion will come from health insurance contributions and EUR 1.95 billion from transfers for health insurance. Government Submits 2026 Draft Budget to Parliament with 5.7% Deficit, Up to EUR 10.1 Bln in New Debt 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-07-01 16:57:07 Latest news World news Country news Most important news latest news most important latest of the day Justice Petar Nizamov Feathers Petar Nizamov- Feathers Justice bg iustitia.bg iustitia iusticia usticia investigation Burgas Bulgaria news news of the last hour news of the day news of today Bulgaria news The news from Bulgaria blitz news top news most important most commented latest news Boyko Borisov news weather coronavirus news news weather facebook youtube facebook instagram news today news of the last minutes news today today news news bg news leading news hot news bg news site for news all news news bg news of the last hour latest latest news bg news of today news today news today news of the last hour latest news today news bg news news 24 hours news vesti bg novini news world bird bg bivol bg bivol trud bg novini latest news today novinite bg news hello bulgaria political party coat of arms delyan peevski scandalous Bulgarian National Television Free Europe Television scandal exclusive live tv live right now tv tv online tv program bg live now tv news online tv online live court Burgas court Burgas district court Burgas court Burgas district court Burgas district court Burgas appellate court Burgas prosecutor Burgas prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Burgas district prosecutor’s office Prosecutor General Ivan Geshev Prosecutor Geshev Tsatsarov Ministry of Internal Affairs Burgas ODMR Burgas ODPR Burgas police Burgas district police Burgas prosecutor Tsatsarov SGS cases Varna court chairman of the SGS court decisions on civil cases decisions on cases Plovdiv court decision of the court decisions cases Varna court criminal cases district district court decisions work in the court SGS chairman of the SGS judges Sofia court post judges Plovdiv court Plovdiv judges Plovdiv Supreme Court Inspectorate Supreme Court Supreme Judicial Council lawyer lawyer criminal cases lawyer civil cases lawyer marriage cases lawyer administrative criminal law criminal process civil law civil process administrative law constitutional law