Balgarianovinite.com Fiscal Council Chair Simeon Djankov said the caretaker government should submit a budget extension bill, calling it standard procedure, on Bulgarian National Television (BNT) on Saturday.
He also backed caretaker Minister of Finance Georgi Klisurski’s plan to submit a second budget extension bill, saying it was better than rushing to draft a full annual budget.
Djankov said that if the National Assembly did not pass the second budget extension bill, the Public Finance Act provided for the automatic application of one-twelfth of last year’s budget each month. He added that a problem would arise in June because the Act did not provide for a third consecutive extension, but said he hoped Bulgaria would have a regular government by then to pass a new budget.
Djankov said the next regular government would need to raise some taxes and suggested a neat way to top up the State coffers would be to tax banks’ high profits.
On the funding for the upcoming elections, Djankov said money could be found by requiring retirement for all State administration employees who had already reached retirement age and by cutting their staff posts.
Djankov also addressed Klisurski’s other priority, the fair distribution of funds earmarked for municipalities. He noted that the National Assembly had already set out those funds and the caretaker government had no power to change them at its own discretion.
Djankov also drew attention to high electricity bills in January, saying the Commission for Consumer Protection and the Commission for Protection of Competition should take part in the checks.
On Friday, caretaker Energy Minister Traicho Traikov called on the Energy and Water Regulatory Commission (EWRC) to provide full information and a clear timeline for completing investigations into complaints about high electricity bills. EWRC received around 2,200 such complaints by Friday, nearly double the 1,200 reported previously. Fiscal Council Chair Djankov Backs Budget Extension Bill, Flags Possible Tax Rises 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-02-21 14:31:03 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