Balgarianovinite.com In an interview for the Bulgarian National Television from Friday night, GERB-UDF MP and Chair of the parliamentary Committee on Budget and Finance, Delyan Dobrev, said that the ambition to simultaneously achieve a significant increase in revenues and implement a large investment programme that exceeds the actual capabilities of the tax system is at the root of the problems with the state budget and the ensuing political crisis.
Dobrev said that several budget options were discussed over the course of about a month, with the first being the least successful, as it reflected the ruling coalition’s desire for a sharp increase in revenues and a very large investment programme. The MP reported that according to calculations made by the Ministry of Finance, with the current expenditures, the deficit can be limited to 3% only by increasing taxes.
The second version of the budget did not provide for tax increases but included a reduced capital programme and, at the same time, an increase in revenues and social spending. Dobrev said that GERB was ready to support this version, which provided for an increase in revenues of between 10 and 15%.
Commenting on the adopted budget extension, the MP said that it does not actually provide for an increase in income but only for the indexation of salaries to inflation, which he considers controversial and difficult to implement. For this reason, he says, people will probably receive an increase of around 3.5%, as per the Harmonised Index of Consumer Prices.
According to Dobrev, there are currently no real risks to financial stability or to the adoption of the euro, as the state is functioning under a budget extension, and there is always a government, whether a regular or a caretaker one, that implements the budget.
He stated that the blame for the failed budget is shared among all participants in the coalition, i.e. GERB-UDF, BSP – United Left, and There Is Such a People, but GERB, which, as the largest party, should have opposed the unrealistic spending policies earlier.
Dobrev stated that despite the negatives, the resigned cabinet achieved a key goal, which is progress towards Bulgaria’s membership in the eurozone. In his words, the only remaining major Euro-Atlantic goal for the country is membership in the Organisation for Economic Co-operation and Development.
Regarding the future political situation, Dobrev said he expects that the results of the next elections will be similar to those so far and that the country may enter a new spiral of consecutive snap parliamentary elections. GERB MP Dobrev Says Strive to Boost Revenues While Massively Investing Caused Political Crisis 2025 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2025-12-20 12:07:04 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
