Bulgaria 2027 budget draft proposes 5% pay rise for public sector and 8% for pensioners
Bulgarian Prime Minister Rumen Radev has presented the 2027 State Budget draft. It aims to limit spending, reduce the deficit and cut the nominal amount of new state debt compared with the previous two years.
The draft proposes a 5% increase in salaries in the budget sector, 7.5% for pedagogy specialists and 8% for pensions. A higher minimum wage and an increase in the voucher amount from 100 euros to 200 euros are also among the proposals. Basic taxes will not be raised, it was stated.
The draft also provides more support for families and children, and more funds for healthcare, education, defence, investment and incentives for the private sector. Radev said the state treasury had been found emptied and the budget deficit was very large. The government will send the 2027 budget plan to the European Commission.
This story was automatically summarised and translated from Bulgaristan Radyosu. All rights to the story belong to its source.