The parliamentary Budget and Finance Committee has approved on second reading a proposal allowing Bulgaria to take on up to €3.8 billion in new debt to cover upcoming payments under projects financed through the Recovery and Resilience Plan (RRP). The measure was backed during an extraordinary committee session reviewing amendments to the law governing state revenues and expenditures for 2026 until the adoption of the regular state budget, social security budget, and National Health Insurance Fund budget.
The proposal triggered a heated dispute between the government and opposition lawmakers, with critics demanding detailed financial estimates before approving such a significant borrowing ceiling. Representatives of "We Continue the Change" (PP), Democratic Bulgaria (DB), and Revival argued that the Ministry of Finance had failed to provide requested forecasts for expected revenues and expenditures.
PP leader Asen Vassilev reminded the committee that lawmakers had previously requested both Finance Minister Galab Donev and written financial projections from the ministry. According to him, neither had been provided. "You want to borrow money, and we want to see the figures for revenues and expenses," Vassilev insisted during the debate.
