Dispute sparks over state finances

Dispute sparks over state finances

Caretaker Minister of Finance Assen Vassilev and former Minister of Finance Kiril Ananiev started a dispute during the transfer of the position in the ministry. Vassilev said that the budget should have been updated, BGNES reported.

"There is no way to make an update that would not reflect the policies and programs of the new government; it is not correct and fair, and we all lived with the idea that the new participants in politics would form their own government and program," Ananiev replied.

Ananiev dismissed criticism expressed by President Rumen Radev that the old government had "drained the treasury" and pointed out that at the end of April the budget had a surplus of 67 million euros, 4.4 billion euros in fiscal reserves and 1.6 billion euros in the silver pension fund.

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