„We have a big problematic situation before the state budget for 2025. There are several factors that will greatly complicate the passage of the budget. First of all, the increase in the minimum wage. If it makes it difficult for businesses and employers, there will also be a problem. The second thing is the 23% increase in the poverty line, commented former Minister of Labor and Social Policy Hristina Hristova in the program "Your Day". on NOVA NEWS.
„Hole” in the budget there is for 2024, there cannot be a “hole” in a future financial framework that has not yet been written. The current practice of spending with the lowest added value should not be continued – for pensions, minimum wages and remuneration in the public sector, in contrast to the investments that are not made every year”, explained the executive director of the Union of Economic Initiative Mihail Krastev.
According to Hristova, when it comes to expenses that are becoming more and more, these funds must be secured from somewhere. “I don't know how the state will function if it cannot secure its payments. The state is its budget”, she added.
„The claim that taxes will not be increased is a political joke, since the increase in the maximum insurance income is an increase in the tax burden, Krastev pointed out.