Bulgaria

BG Constitution Arts. 84, 87, 91, 106, 141 (1991/2023); ZPF 2013/2014 (Public Finance Act — Art. 20 principles, 40% GDP ceiling, 2% deficit limit, Oct-15 deadline, 3yr MTBF); Zakon za Smetna Palata SG12/2015 amend. SG16/2026 (BNAO); LFCCM 2015 (Fiscal Council — Parliament-attached, EU IFI Network); ZOP 2016 amend. 2025 (PPA — EU Dir 2014/24; AOP register); EU Reg. 473/2013 (Two-Pack)

BG Const. Arts. 84, 87, 91, 106, 141 (1991/2023); ZPF 2013/2014 (Public Finance Act — Art. 20 principles, 40% GDP ceiling, 2% deficit limit, Oct-15 deadline, 3yr MTBF; minfin.bg 403 — confirmed secondary OECD SBO + EC Annex); Zakon za Smetna Palata SG12/2015 amend. SG16/2026 (BNAO — 7yr non-ren. pres., bulnao.bg); LFCCM 2015 (Fiscal Council — 5 members, Parliament-attached, EU IFI Network); ZOP 2016 amend. 2025 (PPA — EU Dir 2014/24; AOP register); EU Reg. 473/2013 (Two-Pack)

Statute text →

Fiscal Transparency: 74/100 (good)
74
out of 100
moderate
30 of 37 scored fields populated. Higher = stronger statutory transparency requirements.

Bulgaria's national fiscal transparency framework has the strongest OBS score in the cluster (T=79, 10th globally in OBS 2023) and rests on the Constitution (Arts. 84, 87, 91, 106, 141 — 1991, consolidated through 2023), the Zakon za publichnite finansi (ZPF 2013/2014 — Public Finance Act) with Art. 20 establishing a 40% GDP debt ceiling, 2% GDP deficit limit, 15 October deadline (~77 days), and three-year MTBF, the Zakon za Smetna Palata (SG12/2015, amend. SG16/2026 establishing BNAO — Bulgarian National Audit Office, with 7-year non-renewable president term), the LFCCM 2015 (Law on Fiscal Councils and Coordinated Mechanism establishing the Fiscal Council — 5 members, Parliament-attached, EU IFI Network member), and the Zakon za obshtestveni porachki (ZOP 2016 amend. 2025 — Public Procurement Act, EU Dir 2014/24/EU, AOP register). Bulgaria joined the Eurozone on 1 July 2024 (transitioning from BGN, the most recent Eurozone accession before HR in Jan 2023) and became subject to EU Two-Pack (Regulation 473/2013), driving interim_reporting_frequency = 'monthly' (monthly data to EC). Bulgaria is one of three cluster countries with confirmed IFIs (Fiscal Council — fiscal_oversight_body = True; legislative_budget_office = True). The SAI model is collegial board: BNAO is headed by a president elected by the National Assembly for a 7-year non-renewable term (the longest in the cluster). BG is under an EU Excessive Deficit Procedure (EDP) due to rising deficit. Source gaps: minfin.bg returned 403 throughout research — all ZPF content confirmed from OECD SBO and EC Annex secondary sources; bulnao.government.bg accessible. Currency: EUR (since 1 July 2024); fiscal year: calendar year.

Transparency Requirements

Budget Publicationmax 12 pts

Budget publication required ✓ Yes
Budget published online ✓ Yes
Budget publication timeline 77 days before fiscal year
Machine-readable budget format
Draft budget required before adoption ✓ Yes

Expenditure Disclosuremax 12 pts

Expenditure disclosure required ✓ Yes
Expenditure granularity department
Public expenditure portal required
Expenditure reporting frequency quarterly

Independent Auditmax 12 pts

Audit required ✓ Yes
Auditor independent of entity ✓ Yes
Auditor selection method appointed independent
Audit frequency annual
Audit reports public ✓ Yes
Audit scope financial performance

Contract & Procurementmax 10 pts

Public bidding required ✓ Yes
Contract publication required ✓ Yes
Bid award disclosure ✓ Yes
Beneficial ownership disclosure No

Debt & Liability Disclosuremax 10 pts

Debt disclosure required ✓ Yes
Pension liability disclosure ✓ Yes
Contingent liability disclosure ✓ Yes
Voter approval required for new debt No

Fiscal Reporting Frequencymax 10 pts

Interim reporting required ✓ Yes
Interim reporting frequency monthly
Year-end report deadline 180 days after fiscal year
Citizens budget required

Enforcement & Oversightmax 10 pts

Non-compliance penalties ✓ Yes
Fiscal oversight body ✓ Yes
Whistleblower protections ✓ Yes
Legislative budget office ✓ Yes

Revenue & Tax Transparencymax 8 pts

Tax expenditure reporting ✓ Yes
Revenue forecasting required ✓ Yes
Tax rate publication ✓ Yes
Fee schedule publication ✓ Yes

Compensation & Payrollmax 8 pts

Salary disclosure required
Salary disclosure scope
Pension benefit disclosure
Overtime reporting

Capital & Asset Disclosuremax 8 pts

Capital plan required ✓ Yes
Asset inventory required ✓ Yes
Surplus asset disposal transparency

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