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Nikolay Vasilev: I continue to maintain that Bulgaria needs a different budget policy

I refuse to accept that a minus 3% deficit is any kind of success. This is a failure that leads to indebtedness of the state by about BGN 7 billion per year, commented the former deputy prime minister and minister of economy

Oct 14, 2024 09:21 120

Nikolay Vasilev: I continue to maintain that Bulgaria needs a different budget policy  - 1

If taxes are increased, the poor will not get rich, we will lose everyone . This was stated by former Deputy Prime Minister and Minister of Economy Nikolay Vassilev in the program "The Day Begins". on BNT, quoted by novini.bg.

In his words, the only thing that will be achieved if taxes are increased is to drive people and businesses out.

I hope for a reformist government that will fundamentally change the budget, but I don't see it. I continue to maintain that Bulgaria needs a different budget policy and refuse to accept that a minus 3% deficit is any kind of success. This is a failure that leads to indebtedness of the state by about BGN 7 billion per year, Vassilev pointed out.

According to him, the entire public sector is for reform. "It should all be modernized for the 21st century. It's like the 90s now," he thinks.

Let's wish the politicians after the seventh time - to get together and form a regular government that will last for 4 years, Vassilev added.