PM Radev: Government will submit 2027 draft budget within days

Prime Minister Rumen Radev said the government would submit the 2027 draft state budget in the coming days. He made the announcement after casting his ballot in the second round of the presidential and vice-presidential election. “We are making enormous efforts to rescue public finances after the damage caused by Assen Vassilev”, the Prime Minister said, adding that “it is not easy”, BTA reported.

A few days ago, Rumen Radev had said the government would submit the draft budget for 2027 by the end of October.

Under the Public Finance Act, the Council of Ministers must submit the approved draft state budget, together with the updated medium-term budget forecast, to the National Assembly by October 31.

Edited by Diana Tsankova

Translated by Kostadin Atanasov