Text size

Galab Donev: Bulgaria will join the OECD in three years

published on 4/4/23 8:02 PM

OECD Secretary-General Mathias Cormann

Photo: BGNES

Improving the tax system, tightening fiscal policy to help tackle inflation and fighting corruption are some of the recommendations in the latest OECD Economic Survey of Bulgaria, presented by Secretary-General Mathias Cormann.

He did not give a specific timetable for when Bulgaria would be able to join the organisation, but Prime Minister Galab Donev was hopeful that this could happen within three years.

"We don't believe that almost half of the workers in Bulgaria are paid the minimum wage," Mr. Cormann said. This is the kind of data the organisation has, which means there is a high percentage of workers with income in the informal sector.

The Survey recommends improving the quality of educational outcomes and adult skills, including more workplace-based vocational training, enhancing the quality of jobs, better supporting immigration and putting in place more and better-quality childcare.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Economic Survey of Bulgaria Galab Donev Mathias Cormann OECD

More from category

Syrians citizens protest in Sofia, demand humanitarian visas for their families

Syrian citizens protested in Sofia demanding that the issuance of humanitarian visas for their families be expedited . The protest was held in front of the building of the Ministry of Foreign Affairs, reporter Dobromir Videv reported. The..

published on 8/25/25 5:36 PM

Bulgaria and Germany's Rheinmetall to jointly build two military plants

The leader of the GERB party Boyko Borisov met in Düsseldorf with the CEO of the defense concern Rheinmetall Armin Paperger . During the conversation, it became clear that in the next three weeks the contracts for the establishment of a joint..

published on 8/25/25 5:23 PM

Bulgarian President Rumen Radev will pay a working visit to Germany

Bulgarian President Rumen Radev will pay a working visit to the Federal Republic of Germany on August 27 and 28 , the press service of the head of state announced. In Berlin, Rumen Radev will meet with his counterpart, President Frank-Walter..

published on 8/25/25 5:20 PM