Bulgaria’s cabinet is expected to meet online today to discuss the 2020 draft state budget, the budget of the State Social Security and the National Health Insurance Fund. The 2022 draft budget envisages a GDP growth of 4.8%, or 1.2% more as compared to 2021.
The budget deficit excluding the Covid-19 measures will stand at 2.5% of the GDP. The deficit including the coronavirus measures will amount to 4.1% of the GDP.
Unemployment is expected to drop from 5.4% to 5%. The average annual inflation is expected to reach 5.6%. The minimum monthly salary will rise to EUR 363 from April 1.
Bulgaria’s Anti-Corruption Commission is investigating a large-scale property fraud and money laundering scheme connected to the 'Historical Park', which is associated with Ivelin Mihaylov, the leader of the Velichie party. Those arrested include the..
The ruling party and the opposition argued about the procedure for the Budget Committee meeting before the final vote on the 2006 budget . Assen Vassilev, chairman of the We Continue the Change party, attempted to block the committee’s extraordinary..
Employees in the agriculture and forestry sector staged a protest in front of the Parliament, demanding higher salaries for workers in departments that are secondary budget administrators. The protest was organized by the National Federation of..
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