The State Budget for 2026 is expected to be submitted to the National Assembly today. Its parameters are not known at this stage. What the budget plan envisages in “Hello, Bulgaria” was commented on by former Social Minister Hristina Hristova, economist Nikola Filipov and financier and analyst Levon Hampartsumyan.
“We do not see reforms“, stressed Hristova. “Something has been done on the revenue side, but the problem comes mostly from the expenditure side“, believes the former social minister. She also saw conditions that make it difficult to do business in our country. According to Hristova “after 4 years of political instability, we are already reaping the fruits of populist and incorrect decisions”.
“I was hoping that some of the spending would be frozen, but we are seeing exactly the opposite. Although the minimum wage is increasing by 15 euros less than expected, business is faced with the absurd situation of fighting the public sector,“ Nikola Filipov warns.
According to Hampartzumyan, it is the job of those who prepared the budget to explain what its purpose is and why its parameters are as they are.
Experts are categorical that higher pension contributions do not mean higher pensions in the future, but that the pension system is suffocating. They also united around the opinion that raising wages, especially in the public sector, inevitably increases inflation in the country.