site.btaBudget Committee Adopts Continuation of Budget Extension at First Reading
The parliamentary Budget and Finance Committee adopted at first reading on Wednesday a continuation of the budget extension until the adoption of a regular state budget. Seventeen MPs voted in favour, two against, and one abstained.
Caretaker Minister of Finance Georgi Klisurski presented the amendments and addendums to the budget extension (formally, the Act on Collecting Revenues and Incurring Expenditure in 2026 until the Adoption of the 2026 State Budget), the 2026 Public Social Insurance Budget Act, and the 2026 National Health Insurance Fund Budget Act. The current version of the budget extension will be valid until the end of March.
The act proposes mechanisms for financing the increased costs resulting from the one-time salary indexation in the budget sector, the minimum wage increase, as well as the social payments increase, caused by regulatory acts entering into force, which can be covered with funds from the previous year.
The Council of Ministers will be able to negotiate and conclude an agreement with the European Committee for a loan of up to EUR 3.2 billion to receive financial support through the reinforcement of the Security Action for Europe instrument.
MRF - New Beginning Deputy Floor Leader Jordan Tzonev said that his party will support the proposal, but amendments will be submitted between the first and second reading. Continue the Change (CC) Chair Assen Vassilev also expressed support for the proposal, while Vazrazhdane MP Tsoncho Ganev said their parliamentary group is against it. BSP-United Left Secretary Atanas Atanasov said they will give their support but expressed concern for the lack of measures considering the most vulnerable groups in society.
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