Balgarianovinite.com The primary goal of the Cabinet and the Ministry of Finance is to protect Bulgarian citizens and businesses from a potential surge in fuel prices, as these affect most goods, said caretaker Finance Minister Georgi Klisurski in bTV’s weekly programme “120 Minutes” on Sunday.
Klisurski explained that analyses are being conducted on how fuel prices would respond to increases in crude oil. Current scenarios focus on a rise from USD 70 per barrel – the pre-Iran conflict level – to USD 90–100 per barrel on average for the year. Prices of USD 150 per barrel are considered a pessimistic scenario. He added that, if prices average USD 100 per barrel long-term, petrol at filling stations could appreciate by 20–25%. The hope is that the conflict will resolve quickly, easing the global price shock.
If oil remains at USD 90–100 per barrel over the year, inflation in Bulgaria could rise by 0.9–1.5 percentage points, taking it from 4% to roughly 5–5.5%.
Regarding support measures for higher fuel costs, Klisurski noted the government has a package expected to be approved by the Council of Ministers this week. On funding, he stressed that all additional spending ultimately comes from the state budget, i.e., the citizens, and must therefore be proposed carefully rather than for populist appeal.
Parliament approved the extended state budget at first reading on Friday, allowing three days for additional proposals before second reading on Monday. Klisurski warned that any extra spending proposed then could further strain the budget in the absence of a regular one, calling such actions irresponsible.
He expressed hope that Bulgaria will adopt a regular budget by mid-year. Should the next parliament fail to form a majority to pass it, the caretaker government will take steps to propose a regular budget, even without parliamentary support, to ensure fiscal stability. Government Keen on Protecting Individuals and Businesses from Potential Fuel Price Surge 2026 THE NEWS FROM BULGARIA – NEWS AGENCY 2009-2025 2026-03-15 18:37:04 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