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Caretaker Finance Minister Georgi Klisurski
Caretaker Finance Minister Georgi Klisurski has urged all departments, ministries, and municipalities to implement the planned 5 percent salary increase for public sector employees, noting that many have not yet done so despite it being provided for in the budget extension law.
He made this call during today’s regular weekly briefing of the Coordination Center of the Euro Mechanism, emphasizing the caretaker government’s commitment to protecting citizens’ interests.
Klisurski confirmed that the caretaker government will submit the second extension law for the 2025 budget to the National Assembly within days, as the current law expires on March 31. The extension will retain the planned indexation for public sector salaries based on annual inflation.
"I call on all heads of departments and state structures to introduce the planned increase now as well," Klisurski stated, underlining the urgency of implementing the salary adjustments retroactively from January 1.
During today’s first extraordinary meeting of the caretaker government, the budget for the upcoming April 19 elections was also adopted, ensuring the state’s financial readiness for the vote.
Klisurski also reiterated the caretaker government’s focus on a smooth transition to the euro. “We will work tirelessly, together with independent regulators, to ensure that the introduction of the euro is successful and benefits all Bulgarian citizens,” he said.
Vladimir Ivanov, Chairman of the Coordination Center of the Euro Adoption Mechanism, noted that the consumer basket for 27 main food products decreased by one euro over the past week, now standing at 57 euros, compared to 58 euros last week. He added that over 86 percent of levs have been collected as part of the transition preparations, leaving approximately 4.4 billion levs in the hands of citizens.
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
Finance officials and the Bulgarian National Bank have issued a series of warnings about Bulgaria’s fiscal and economic outlook for 2026, highlighting rising pressure on public finances, slower growth, and higher inflation.
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