Government seeks parliamentary approval for state property program
Reason: Clarity, efficiency, and an end to speculation
The Council of Ministers sent a letter to Parliament Chair Natalia Kiselova proposing that the National Assembly adopt the Program for Exercising Rights over State-Owned Properties and properties of state public enterprises. According to the Cabinet, the goal is to reach political consensus for the effective management of state assets and to prevent future speculation on the topic.
“For those who are beginning and those who continue to politically abuse the Program, we remind you it was adopted on May 8, 2025. Its main task is to categorize unnecessary state properties—assets whose management results in losses and lack of revenue,” notes the government’s press office.
Losses from inefficient management and lack of documentation
The Cabinet also notes that over the past decades funds have been accumulated for the protection and maintenance of properties for which ownership documents and up-to-date data are missing. The government’s goal with the program is to optimize these processes, including clarifying the status and legal regime of state-owned real estate.
“The program itself does not have managerial or disposal consequences; each management action is carried out according to current laws. The laws are what determine order, rules, and powers,” the letter further specifies.
Seeking public support and responding to criticism
- The government seeks parliamentary endorsement to obtain broad public backing via MPs.
- The full letter is published on the Council of Ministers’ Facebook page for transparency.
- The authorities emphasize all decisions are legally motivated, not based on lists or programs.
Rumen Radev: Risk of sell-off and pillage
Earlier today, President Rumen Radev expressed concerns that “the government of Peevski and Borissov is preparing to sell off state assets.” According to him, “the biggest pillage since the 1990s” is being prepared, involving 4,400 state properties, some of which are on the Black Sea coast or at the border. “This deal will benefit certain clientele, while all Bulgarians will become poorer and nature will suffer. That’s why I imposed a veto and expect MPs to reconsider,” the president added.