site.btaBudget Extension Law Tabled in Parliament

The Council of Ministers has tabled the bill amending and supplementing the so-called budget extension law (formally the Act on the Collection of Revenues and the Commitment of Expenditures in 2026 until the Passage of the 2026 State Budget Act, the 2026 Public Social Insurance Budget Act and the 2026 National Health Insurance Fund Budget Act) to the National Assembly, according to information published on Parliament's website. On Wednesday, the Council of Ministers approved the bill.

According to caretaker Finance Minister Georgi Klisurski, the changes would allow, subject to subsequent approval by the National Assembly, the effect of the extension law not to be limited to March 31, as stipulated by the Assembly after an earlier vote, but to continue until the actual adoption of the regular budgets for 2026.

Klisurski said that the planned spending for the April 19 snap parliamentary elections will not be increased. At this stage, only a reduction but not an increase in expenditures is possible, he added.