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The treasury is more or less good from the point of view of the revenue side, former Deputy Finance Minister Lyubomir Datsov said in an interview with BNT.

He believes that the current philosophy of the budget is wrong because it does not lead to greater collection. "This is not how a budget is made, and this way economic development is not reached," the financier added.

According to him, the ability of companies to do business is deteriorating because they are overwhelmed by unnecessary rules and checks.

Lyubomir Datsov: Debt finances the deficit

"There is not a single political party in the National Assembly that opposes the policy of large deficits. It's a road to nowhere. Populism is a wonderful thing, but it is a way to nowhere," Datsov said.

He positively assessed that municipalities are returning to capital budgeting.

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