Balgarianovinite.com The Bulgarian Industrial Association (BIA) submitted its position on the draft budgets of the National Health Insurance Fund for 2026, the Public Social Insurance for 2026 and the State Budget for 2026 to the National Council for Tripartite Cooperation (NCTC) on Monday.
The BIA expresses support in principle for the proposed draft bills under certain conditions. It calls for the following measures to be taken during the budget procedure: postponing the increase in the maximum insurable income until the adoption of the regular 2027 state budget; limiting the increase in the minimum insurable income thresholds to the level of the minimum wage for 2026; making the necessary efforts to reduce the projected budget deficit and reviewing the planned level of public debt for the 2026–2028 period, both in absolute terms and as a share of GDP.
The BIA notes in its statement that the State’s finances are currently managed under the so-called budget extension law and that the three proposed budgets will be in effect for only five calendar months, while the formulation of sustainable policies capable of bringing about systemic change requires time, including time for functional and structural analysis.
The Association expresses serious concern regarding the projected budget deficit and external debt, as well as the consolidated fiscal programme expenditures, which continue to consistently exceed 40% of GDP.
The BIA does not support the proposal to increase the minimum and maximum social security income thresholds effective August 1, 2026. The Association proposes discussing a phased transition from the current detailed system of minimum insurable income thresholds based on economic activity and occupational qualification groups to a model under which social security contributions for employees would be calculated on the basis of gross monthly remuneration received or accrued but unpaid, not lower than the national minimum wage for 2026, adjusted proportionally to the time worked, and would not exceed the maximum insurable income threshold. Bulgarian Industrial Association Sets Conditions for Supporting Bulgaria’s 2026 State, Health and Social Insurance Budgets 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-06-29 11:49:00 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