Bulgaria's State Budget Not to Be Overhauled as MPs End Last Workday

Business » FINANCE | August 4, 2014, Monday // 14:35| Views: | Comments: 5
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Bulgaria: Bulgaria's State Budget Not to Be Overhauled as MPs End Last Workday Lawmakers from the ruling Bulgarian Socialist Party (BSP) had vowed to block any vote on the amendments. Photo by BGNES

Lawmakers in Bulgaria's Parliament decided not to discuss an update of the 2014 state budget.

As their emergency session held Monday kicked off, MPs voted that the motion initially proposed by the Council of Ministers would not be included into the agenda.

The meeting itself was called for a final decision whether to review the State Budget of the Republic of Bulgaria Act before the National Assembly is dissolved on Wednesday.

President Rosen Plevneliev has repeatedly called on lawmakers to approve the amendments at the session to allow more freedom to the upcoming caretaker government.

Monday's vote, backing a proposal to remove the update from the agenda, received a majority of 78 to 24, and only one MP abstained.

Last week the bill was adopted at a first reading, but center-right GERB, the biggest group within the Parliament, withdrew its support.

During the last session, the opposition also renounced a previously introduced bill which would have seen "additional" competences granted to the interim cabinet, authorizing it to sign international agreements and to receive loans on international markets.

Yordan Tsonev from the Movement for Rights and Freedoms (DPS), the junior partner in the outgoing socialist-liberal cabinet (the only party which supported the update), predicted the bill would be tabled again "in the autumn", during the tenure of the next elected government.

During its last session Parliament also granted additional allocations to the cash-strapped National Health Insurance Fund (NZOK).

Earlier on Monday the Budget and Finance Committee at Bulgaria's Parliament gave the green light to budget amendments at NZOK.

The fund will receive another BGN 225 M and will be able to service its current payments until the end of the year.

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Tags: caretaker government, Plevneliev, NZOK, budget, State Budget of the Republic of Bulgaria Act, parliament, Budget and Finance Committee, Council of Ministers, Yordan Tsonev, DPS, GERB
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» To the forumComments (5)
Optimistic - 5 Aug 2014 // 23:12:50

Interesting post John.

Yes I think GERB will get the largest number of votes but not enough to win a majority. Borisov so lusts power he will not share it, an issue GERB faces is the number of right wing parties will split the right wing vote.

Plus it will be more difficult for GERB to wire tap a coalition, plus they are not in power this time so can't print fake ballot papers.

The Socialists will become the second largest party again and they are the party with the intelligence and skills to put together a coalition to give Bulgaria a government.

John Doe - 5 Aug 2014 // 16:53:12

GERB will win the October election.
BSP is thoroughly discredited.
DPC is at best criminal at worst not constitutional.
BWC has a lunatic as leader an no more full pockets.
ATAKA is a disgrace and has lost any credit whatsoever.
Reform bloc is busy reforming themselves, nothing to expect from there.
ABC is way over its zenith. Parbanov is part of the problem not part of the solution.
And the nationalist are such a colorful group the might as well waive the rainbow flag.

Unless Borrisov changes his narcissistic ways (small chance of that) history will repeat itself.

Optimistic - 5 Aug 2014 // 16:00:54

Yes Seedy the lazy GERB party did nothing in this Parliament.

And now they want to get re-elected.

Seedy - 5 Aug 2014 // 10:17:17

"Last" workday? When was the FIRST one for this bunch of thieving layabouts - I must have missed that very unlikely piece of news.....

Bruce Gaskell - 5 Aug 2014 // 09:25:42

A wise China man once said..
In a country well governed, poverty is something to be ashamed of. In a country badly governed, wealth is something to be ashamed of.

His name was Confucius.

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