Balgarianovinite.com The Council of Ministers has approved a bill to amend and supplement the so-called budget extension law (formally the Act on the Collection of Revenues and the Commitment of Expenditures in 2026 until the Passage of the 2026 State Budget Act, the 2026 Public Social Insurance Budget Act and the 2026 National Health Insurance Fund Budget Act). The news was reported by caretaker Finance Minister Georgi Klisurski on Wednesday at a briefing after a government meeting.
According to Klisurski, the changes would allow, subject to subsequent approval by the National Assembly, the effect of the extension law not to be limited to March 31, as stipulated by the Assembly after an earlier vote, but to continue until the actual adoption of the regular budgets for 2026. “This ensures continuity in the functioning of the State,” the Finance Minister said.
He noted that the planned spending for the April 19 snap parliamentary elections will not be increased. At this stage, only a reduction but not an increase in expenditures is possible, he added.
Prime Minister Andrey Gurov tasked the Ministry of Finance with gathering information from all ministries regarding concluded public procurement contracts, upcoming payments, and advance payments already made, Klisurski added. The data have been consolidated and a substantive analysis is forthcoming. The aim is to protect the public interest and competition, as well as to ensure that every euro cent of public resources is used as intended, the Finance Minister said.
As an example, he pointed to a public procurement contract worth EUR 500 million for the delivery and maintenance of new guardrails for the national road network, awarded through the Road Infrastructure Agency. In this case, the Ministry of Regional Development and Public Works has ordered an audit. There are serious concerns about potentially unlawful decisions by commissions during the selection of contractors and about prices that could exceed the estimated values under the contract, Klisurski said. Any additional information available will be made public.
The Finance Minister also highlighted two other important changes proposed in the budget extension bill. The first concerns municipalities. Klisurski stated that the forthcoming extension law would liberalize the possibility for municipal governments to make higher expenditures than previously allowed. In addition to the levels from last year, municipalities will be able to spend the additional local taxes and fees they collect. According to Klisurski, this will give local authorities “a breath of air” and will prevent investment processes at local level from being halted.
Another key element in the draft is a set of provisions prepared jointly with the Ministry of Defence, which would authorize the Council of Ministers to conclude agreements with the European Commission under the SAFE mechanism. According to Klisurski, this concerns funds of over EUR 3 billion for defence modernization projects.
No amendments to other laws are proposed through the transitional and concluding provisions of this bill, the minister added. Government Moves to Extend Budget Law Until 2026 Budget Adopted 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-02-25 12:45:31 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
