Bulgaria's Draft Budget for 2025: 3% Deficit, State Debt Growth, and Key Tax Changes
The Bulgarian Ministry of Finance has unveiled the draft budget for 2025, alongside the updated medium-term fiscal forecast covering 2025 to 2028
Deputy Prime Minister and Foreign Minister Mariya Gabriel has unveiled Bulgaria's inaugural draft of its foreign policy strategy for the years 2024-2030, marking a significant milestone in the country's diplomatic endeavors. The strategy, a first of its kind in Bulgaria's history, encompasses a range of priorities aimed at bolstering the nation's role on the global stage.
Among the key priorities outlined in the draft are Bulgaria's commitment to full participation in the European Union and NATO, emphasizing the country's unwavering dedication to the values of freedom, democracy, and peace. The strategy also focuses on the development of established bilateral strategic partnerships with EU member states, as well as the cultivation of new partnerships to expand Bulgaria's diplomatic reach.
Furthermore, the draft highlights the importance of protecting the rights and interests of Bulgarian communities abroad, signaling a proactive approach to safeguarding the well-being of citizens living outside the country's borders. Additionally, the strategy emphasizes the significance of cultural and digital diplomacy, recognizing the power of cultural exchange and technological innovation in fostering international relations.
The formulation of Bulgaria's foreign policy strategy involved extensive consultation with experts and the public, reflecting a commitment to inclusivity and transparency in the decision-making process. By soliciting input from a wide range of stakeholders, the government aims to increase predictability and garner support for its foreign policy initiatives.
In presenting the draft strategy, Mariya Gabriel underscored Bulgaria's role as a member of both the EU and NATO, emphasizing the importance of maintaining clear and principled positions on matters of global significance. She emphasized that freedom, democracy, and peace are fundamental values that must be defended steadfastly, especially in times of crisis or conflict.
As Bulgaria looks ahead to the implementation of its foreign policy strategy, the document serves as a roadmap for guiding the country's diplomatic efforts in the coming years. By articulating clear objectives and priorities, Bulgaria seeks to assert itself as a responsible and proactive player in the international arena, contributing to global stability and prosperity.
Kiril Petkov has officially submitted a waiver of his parliamentary immunity to the registry of the 51st National Assembly
President Rumen Radev has decided not to hold consultations on forming a government with the parliamentary group "DPS - New Beginning," led by Delyan Peevski
Representatives of "Democratic Bulgaria" (DB) and "We Continue the Change" (WCC) met with President Rumen Radev earlier today to discuss the formation of a new government
During consultations with President Rumen Radev, the representatives of "We Continue the Change - Democratic Bulgaria" (WCC-DB) were reminded of the significant responsibility they bear as the second-largest political force in the National Assembly
The leader of GERB, Boyko Borissov, has stated that if Bulgaria is to have a strong government, he should be the next prime minister
"We Continue the Change" (WCC) has issued a statement regarding the decisions made during their recent National Council meeting
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