Lachezar Borisov was born in 1978 in the town of Samokov. He successfully completed "Konstantin Fotinov" high school with Mathematics as major subject. He graduated at the University of National and World Economy (UNWE) where he obtained a bachelor’s and a master’s degree in Macroeconomics. Borisov completed the second speciality of "Accounting and Finance" at the Institute for Postgraduate Studies of UNWE. He took specialization studies in Sustainable Development at the Venice International University and the Regional Environmental Center in Budapest as well as in Accounting and Auditing Regulation at the World Bank. Currently Borisov is doctor of economic studies at the University of Finance, Business and Entrepreneurship.
Lachezar Borisov established himself as a government official during the years as chief expert at the Ministry of Economy after participation in a competition for this position in 2002. From 2006 to present he has served as head of different departments, including "Restructuring and Capital Markets" and "Management and Restructuring of State Participation". During this period he has also been head of the departments "Investment Projects, International Programmes and Marketing" and "Strategic Analysis and Forecasts". Deputy Minister of Economy since February 2017 until July 2020 He was elected Minister of Economy on July 24, 2020 by the 44th National Assembly.
He has acquired extensive experience in the field of corporate management including through participation in the management bodies of numerous private and state-owned companies in the fields of industry, energy and financial management. Lachezar Borisov has been awarded many prizes and certificates for his work at the Ministry of Economy as well as at competitions in mathematics and brokerage.