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Bulgarian President Rosen Plevneliev. Photo by BGNES
Bulgarian President Rosen Plevneliev has rejected the invitation to attend a key vote in Parliament on the veto he imposed last week on a controversial budget update.
In a statement made Wednesday, Plevneliev reminded that the motives for his veto can be found both on his official website and in the official State Gazette.
The President said he hoped for "real and effective debates on the budget revision." He added that the Bulgarian society would benefit from an open discussion on what public finances are used for.
Earlier on Wednesday, Parliament Speaker Mihail Mikov officially invited Plevneliev to attend the discussion and vote scheduled for Friday, August 16.
The President issued a partial veto last week on the Law on Amending and Supplementing the State Budget Act for 2013, saying the Socialist-led coalition government had not shown enough transparency in its use of public money.
The budget revision provides for a new loan in the amount of BGN 1 B to be used as a buffer for the fiscal reserve in 2014, when Bulgaria must make new payments on its foreign debt.
Other funds will be slated for the overdue money for the business and for social measures.
In defending his veto, the president explained that the package of social measures included in the budget update constituted a very small share of the earmarked expenses. Plevneliev pointed out that there was insufficient information about how the new debt of BGN 1 B would be spent.
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