05.04.2023

"The budget should comply with the requirement for the 3 percent deficit," recommended Mariya Mincheva

The urgent adoption of the 2023 Budget should be a priority of the 49th Parliament. Employers insist on this, according to which the increase in the cost part cannot continue. The business is adamant that without stable management, bankruptcy is not out of the question.

"It is necessary to have a regular government and the budget to comply with the requirement for the 3 percent deficit. Deputies should have an idea of how they want Bulgaria's economy to develop. To have a slightly larger horizon of their actions and to take effective measures. No party talked about this before the elections", explained Vice President of BIA Mariya Mincheva in an interview for NOVA NEWS.

The chairman of the BCCI and rotating chairman of the AOBE Tsvetan Simeonov pointed out that he is not pessimistic about what will happen in the budget. "We may have more positive expectations for the budget. We had a meeting with both groups that performed best in the elections - both GERB and PP-DB. They confirmed that they will do everything possible for the three main priorities - Schengen, the Eurozone and the OECD - to be fulfilled", said Simeonov.

According to him, there is no way that our country's membership in Schengen can happen without legal reform. "The budget should not be light-handedly increased in the expenditure part", he added.

BICA Chairman Vasil Velev explained that there are "standards that must be achieved in order to enter the OECD".

Vasil Velev - chairman of the BICA, added: "We need to cut down the excess costs, this wasteful spending in the social sphere - the poor, the rich - everyone gets free things. Why is that”. He pointed out that the budget should be the first task of the new parliament. "Expenditure has been skyrocketed by previous parliaments," he said, predicting a shake-up of financial stability if action is not taken.

"We are categorically against the idea of an "Excess Profit" tax for all companies, which is for the second half of 2023, which we find unfair", added Mariya Mincheva – Vice President of BIA.

"The recovery and sustainability plan and EU programs are being delayed", and these are billions, added Simeonov.

Date: 05.04.2023

Source: Nova TV

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