Rumen Radev believes that lower budget deficit will be achieved

Prime Minister Rumen Radev has expressed confidence that a lower deficit in the state budget would be achieved.
“The most important thing is that the 2026 budget reveals the whole truth about the state’s finances. We are stepping on solid ground and introducing rules for financial discipline. I believe that with the appropriate financial discipline, with tightening spending – without stifling the economy, without harming workers, without reducing social spending, without freezing pensions, we will continue to reduce the deficit,” he said in the National Assembly.

The Prime Minister denied that there is freezing in current spending. According to him, there is a serious increase for people with disabilities; the increase in pensions is 7.8%, and in salaries – 5%.

According to Rumen Radev, what affects the deficit are the accumulated old payments that need to be cleared. "Some of them will continue to be paid in 2027," he added.

Government rules out revising planned 5.7% budget deficit

Editor: Diana Tsankova