During the inaugural sitting of the 52nd National Assembly, President Iliana Iotova addressed the newly sworn-in members of the legislature, focusing heavily on the immediate need for fiscal stability. The President asserted that passing the 2026 national budget must be a primary function of the assembly. Iotova characterized the extension of the 2025 budget as a significant indication of governmental impasse.
She warned that any delay in approving the budget would lead to stagnation and unpredictability for Bulgarian citizens, businesses, and state institutions. The head of state stressed that restoring public confidence in Bulgarian institutions requires concerted efforts from all branches of government. She referenced the mandate given to Progressive Bulgaria by the electorate, expecting stable governance, adherence to the separation of powers outlined in the Constitution, and robust action against corruption.
Beyond domestic governance, Iotova addressed Bulgaria’s role within the European Union. She argued that Bulgaria must move beyond a passive stance within the EU framework. The President asserted that Bulgaria’s perspective and contributions are valuable, particularly concerning the security of the EU’s external borders and the development of the Western Balkans.
In conclusion, Iotova urged that the legislature prioritize budgetary action as a means of demonstrating the functional capacity of the state. She emphasized that for Bulgaria to regain its influence and contribute to Europe’s international standing, decisive action on governance and fiscal planning is essential.
Topics: #budget #iotova #legislature
The immediate focus on budget adoption seems crucial for the country’s stability.