Budget Committee

In the regular budget for this year, there will be a serious increase in funds for the municipalities by nearly 25 percent. Prime Minister Nikolay Denkov assured this during the forum of the National Association of Municipalities in Pamporovo.
According to him, the draft budget must be adopted by the parliament by the end of July and enter into force on August 1.

The Budget Committee of the Parliament adopted a decision to extend the current Law on the State Budget. The decision is to be voted on in the plenary hall. It is expected that there will be a second reading of the project so that the deputies can submit their proposals.

Inflation, measures and how the euro will be adopted - these were the topics that MPs from the Budget Committee in Parliament discussed with economists and experts.

The state will also take over part of the employer-provided insurance under the 60:40 scheme. GERB accepted the MRF proposal.

Parliament's Budget Committee rejected the President's veto on changes to the State Budget Act for 2019, which provide for political parties to be financed by private companies. With 12 votes "in favour" and 6 "against" on July 18, MPs adopted the amendments to the State Budget Act, reports BNT. 

The reason - the report of the Budget Committee is not ready,  reported NOVA TV.

Parliament postponed the issue of accepting the changes related to the reduction of party subsidies. They were scheduled to pass the second reading as the first item on the agenda of the National Assembly.

The Romanian Presidency of the Council of the European Union has finalized the process of adopting its first file in the area of economic and financial affairs, namely the Regulation as regards the minimum loss coverage for non-performing exposures (NPL), informs the Ministry of Public Finance (MFP).

Bulgarian pensioners are coming to a second national protest through the National Assembly, because of the indifference of the government to their problems. The protest will be held today, during the discussion of the draft budget for 2019. Before Darik, one of the organizers of the protest, Gen.

Parliament adopted amendments to the Credit Institutions Act at first reading, reported BGNES. 

The purpose of the draft law is to improve the regulatory framework for banking supervision by complying with the recommendations of the Financial Sector Assessment Program report and the commitments made by the Bulgarian National Bank in response to the report.

GERB proposed on July 12 that cash payments be limited to BGN 5,000 (Euro 2,500) from January 1 next year, reported the Bulgarian National Television. 

Amendments to the Tax and Social Insurance Code will be discussed on July 13 by the Budget Committee in Parliament.