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2018 Budget Bill passes first reading 09/11/2017
09/11/2017
2018 Budget Bill passed first reading in Parliament with 126 votes in favour, 96 against and 1 abstention. GERB, United Patriots and VOLYA voted in favour of the bill, while BSP for Bulgaria and the Movement for Rights and Freedoms were against.
The GDP is projected at 105,609 million BGN, while the economic growth will slow down slightly to 3.9 percent. The unemployment rate next year is expected to drop to 6.2 percent. By the end of next year, inflation is projected at 1.6 percent. The draft budget for next year envisages a deficit of 623.5 million BGN.
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