Breaking News: Bulgarian Military Personnel to Receive Salary Increase if Budget Bills Pass
In a significant development, Bulgarian military personnel are set to receive a much-anticipated salary increase if the current budget bills presented by the Cabinet are approved. This news was announced by Defense Minister Atanas Zapryanov during the traditional Epiphany baptism ceremony for the flags and banners of the Bulgarian Army.
Effective January 1, 2025, the base monthly salary for the lowest rank will be determined annually using the average monthly wage in the country during the second quarter of the previous year. This decision was made by the Bulgarian Parliament in April 2024.
Currently, the lowest monthly salary in the army is set at 2,300 BGN (Bulgarian Leva). This base salary will be multiplied by a coefficient, with officers receiving at least 1.2, and officer candidates, sergeants, and privates receiving at least 1.0.
Minister Zapryanov stated earlier this year that starting January 1, 2025, the minimum monthly salary for military personnel would range between 2,300 BGN and 2,370 BGN.
For more financial news and personal finance tips, you can follow us on Facebook or Google News Showcase.
This is an automated translation, and may contain some inconsistencies in terminology or grammar.
