Vassilev dismissed Radev's statement that the Finance Minister is planning to sell 70,000 ha of state-owned arable land for BGN 340 million, saying that this is not envisaged by the 2024 draft budget
Reacting to comments made by President Rumen Radev earlier on Monday, Finance Minister Assen Vassilev said that Bulgaria may enter 2024 without a state budget if the President vetoes the Budget Act. “It comes as no surprise since his caretaker cabinet did not propose a budget and this hampered the work of the State and the municipalities,” Vassilev added. “His cabinet presented a draft budget with an 8% deficit as an attempt to hinder Bulgaria's joining the eurozone,” the Minister noted.
Vassilev dismissed Radev's statement that the Finance Minister is planning to sell 70,000 ha of state-owned arable land for BGN 340 million, saying that this is not envisaged by the 2024 draft budget. “This is fake news,” Vassilev said.
“The proposed deficit of 3% of GDP this year is entirely feasible because, at the end of October, the budget deficit was 0.8% and GDP growth this year could be 1.8%. Standard & Poor's raised Bulgaria's outlook at the end of last week,” the Minister recalled.
Gazprom is currently challenging the new fee of BGN 20/MWh for Russian gas import through Bulgaria because at present the company is not a taxable entity, the Finance Minister said. Gazprom will become a taxable entity after legislative amendments, which will allow the company's guarantees of over EUR 1 billion to cover its obligations as a user of Bulgarian infrastructure, Vassilev also said.