$1.28 Billion Is the US Offer to Bulgaria for Acquisition of 8 F-16 Block 70/72 Fighter Aircraft

SOFIA, (BM) – The US wants BGN 2.2 billion ($1.28) to deliver eight F-16 fighter aircraft, learned BulgarianMilitary.com.

This was announced yesterday in Brussels by Prime Minister Boyko Borissov, quoted by the Bulgarian National Radio. Bulgaria plans to pay the full amount. Part of the money will be issued as a state loan.

Read more: President Rumen Radev Has Warned the Cabinet Not to “Cut” the Package for the F-16

“Two billion and two hundred million” – this was the laconic answer by Prime Minister Boyko Borissov concerning the sum of the sent on Monday draft agreement for the new US fighter aircraft. It almost coincides with the expectations of the Ministry of Defence, which has announced that BGN 2 billion is a good price.

The so-called money ceiling was not known until now. BGN 1.8 billion ($1.04) was the amount approved by the National Assembly, and at the beginning of the year the Parliament gave a mandate for negotiations with the United States and allowed a change in this price cap.

Read more: Coalition Partner in the Bulgarian Government Does Not Want Bulgaria to Buy the F-16

“The purpose of issuing this debt is in connection with the eventual payment, in case that there is a deal for the F-16 aircraft. And provided that there is a deal, actions will be taken to update the Budget Act,” Deputy Minister of Finance Rositsa Velkova said. She added that the new update could be done at the earliest in July.

Read more: If Bulgaria Acquires the F-16, It Will Enter Into Other NATO Plans, the Bulgarian Prime Minister Said

Software, repair and training are part of the areas in which the US will seek industrial cooperation under the program for a new fighter aircraft, Minister of Economy Emil Karanikolov said.

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Source: Dnevnik