Minister of Finance calls for public sector wage indexation

Caretaker Minister of Finance, Georgi Klisurski, has called on state-owned companies, ministries and municipalities to increase salaries by the planned 5 percent.

At a briefing at the Euro Mechanism Coordination Center, Klisurski said that within a few days the caretaker government would announce the second budget extension law, as the current one expires on March 31. The extension will keep the planned 5% indexation for public sector workers. The minister did not say where the money for raising salaries would come from in the case of an extended budget from 2025.

It was also reported that 86% of the levs have already been withdrawn and another 4.4 billion leva are expected to be exchanged.

Editor: Ivo Ivanov