Politicians react to Cabinet's budget plans

site.btaKiril Petkov: Continue the Change Will Support Cabinet for Budget with 3% Deficit Target

Kiril Petkov: Continue the Change Will Support Cabinet for Budget with 3% Deficit Target
Kiril Petkov: Continue the Change Will Support Cabinet for Budget with 3% Deficit Target
Kiril Petkov in Parliament, Sofia, January 9, 2025 (BTA Photo/Blagoy Kirilov)

Continue the Change will support a state budget with a 3% deficit target, according to a post by co-leader Kiril Petkov on social media. "If [Prime Minister] Rosen Zhelyazkov works for attaining a 3% budget deficit target, they will have our support for the steps that will be taken," Petkov wrote on Facebook Tuesday.

He reiterated that his party's priority is a 3% budget deficit, request for a convergence report in February and entry in the eurozone from January 1, 2026.

Petkov's comment follows remarks by Rosen Zhelyazkov earlier on Tuesday that spending up to 40% of GDP and maintaining a budget deficit of no more than 3% are the main parameters of the 2025 budget draft. 

/DT/

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By 20:01 on 04.02.2025 Today`s news

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