Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

Effort of Bulgaria’s government aimed at increasing wages is positive step forward in incomes policy: Dimitar Manolov

President of Confederation of Labor Podkrepa Dimitar Manolov
Photo: BGNES

The incomes policy is of great importance for Bulgaria. Wage increase is among the top priorities of the labor unions, the President of Confederation of Labor Podkrepa Dimitar Manolov told the Bulgarian National Radio on Sunday. As a matter of fact, we have witnessed an increase of incomes in this country recently. However, wage increase started from a very low base. The expected 10%-11% increase of the incomes in the budget sphere is quite reasonable. Of course, I would like to see even higher wage increase in that sphere, but we should be realistic. The efforts of the government aimed at increasing wages are a positive step forward in the incomes policy. On the other hand, the tax system must be subject to some changes, because currently the biggest tax burden falls on the people with lowest incomes, Dimitar Manolov went on to say. The minimum salary should not be taxed. Thus, domestic consumption will increase immediately, because nobody will keep this money at home or in bank accounts, the President of Confederation of Labor Podkrepa Dimitar Manolov further pointed out.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Bulgaria remains the country with the lowest minimum wage in the EU

Bulgaria ranks third among EU countries in terms of minimum wage growth in the period 2015-2025. According to Eurostat, during this period the minimum wage in the country increased from 184 euros in 2015 to 551 euros 10 years later...

published on 3/19/25 9:14 AM

Bulgaria is ready to provide more assistance to North Macedonia

The Bulgarian government remains ready to provide additional assistance to its friends and neighbors if they need it in this difficult time. This was what Foreign Minister Georg Georgiev told his North Macedonian counterpart Timčo..

published on 3/19/25 8:28 AM

Restaurateurs protest against 20% VAT

By blocking dozens of major roads and busy intersections, today restaurateurs are to express their disagreement with the lack of dialogue with the government and the 20% VAT for the industry set in the 2025 budget. Restaurateurs from..

published on 3/19/25 7:35 AM