The Metropolitan Municipal Council on 31st of January voted to approve Sofia's budget for this year...
The Metropolitan Municipal Council on 31st of January voted to approve Sofia's budget for this year. The capital will have a record high 1 billion and 700 million BGN. This year's priority is the modernisation of public transport and cleanliness.
Yordanka Fandakova, Mayor of Sofia Municipality: When the investment programme is being implemented, we always face a variety of objective reasons, such as procedures, appeal procedures, expropriation and appeal of expropriation. No one can guarantee that the investment programme will be 100% fulfilled. That's why we have a mechanism under which, in the summer, when we know which projects can be implemented and which ones not, we offer suggestions for changing and targeting funds in some of the other projects and priorities.
Ministry of Finance: We Are Taking Steps to Reduce the Deficit Starting With the 2027 Budget
EU Finance Ministers Voted to Open an Excessive Deficit Procedure Concerning Bulgaria