On December 11, the Council of Ministers of Bulgaria approved the draft state budget for 2025. The budget plans revenues, grants, and donations to reach nearly 92.5 billion leva, with expenditures, including contributions to the European Union budget , totaling 98.9 billion leva. This results in a projected deficit of 6.4 billion leva. Over the coming articles, I will analyze the budget ’s key parameters and offer my assessment. The model of managing the state budget has evolved over recent