The 2027 budget draft will be presented publicly from 1pm in the Maxima Hall of the University of National and World Economy. Prime minister Rumen Radev will outline the vision and policies behind the spending plan, and each minister will explain the main points for their area, the finance ministry said.

Last week, deputy prime minister and minister of economy, investment and industry Alexander Pulev told BNT the draft would be presented next week and that 135m euros in it are set aside for industrial zones.

How it all started: 2027 budget to include €135m for industrial zones

Under the draft, pensions rise by about 8%, public-sector pay by 5% and teachers' pay by 7.5%. The deficit should fall to 3% of GDP by 2029.

One of the revenue steps is a one-off levy on windfall profits in certain sectors in 2027. VAT registration will be compulsory for taxable sales of land and buildings. Electronic food vouchers get new rules. Other steps include an excise duty on cars, a change to the tax on personal consumption, and new levels of fines and property sanctions. The government approved the changes to the tax laws yesterday.

The alternative tax on gaming halls and casinos and the contributions for socially responsible conduct go up.

Families with children and businesses get relief. The threshold above which VAT registration is compulsory rises, tax breaks for children and for children with disabilities grow, and a new one is introduced for child development. Child benefits will also be higher.

Education, health care, culture, sport and security get more money. There is also money for defence, including anti-drone systems and air defence. In 2027, the cuts to structural spending and the changes to public-sector administration that began this year will end.

In mid-October, the ministry sent the draft budget plan to the European Commission and the Eurogroup, over Bulgaria's membership of the eurozone from 1 January.

General government debt is expected to rise from 40.6bn euros at the end of 2026 to 47.1bn euros at the end of 2027, or from about 31.1% to about 33.3% of GDP.