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

Bulgaria does not plan to purchase submarines by 2032

''There’s no money for new submarines'', said Bulgaria’s Minister of Defense Atanas Zapryanov. That’s why the defense investment projects through 2032 do not include the purchase of submarines, whether second-hand or small ones, added Chief of..

published on 6/7/25 10:48 AM

Maria Shamburova was crowned as the 57th Rose Queen of Kazanlak

Maria Shamburova was crowned as Kazanlak’s 57th Rose Queen

At an official ceremony held in Kazanlak, Maria Shamburova was solemnly crowned as the town’s 57th Rose Queen. The coronation show of the Rose Queen marked the beginning of the culminating days of the Rose Festival in Kazanlak. The festival will..

published on 6/7/25 10:05 AM

Sunny until noon, clouds and some rain in the afternoon

At night, precipitation will stop and the cloudiness will break and decrease. In the morning hours, short-term fog will form in the plains and around water basins. On Saturday before noon it will be mostly sunny. In the afternoon,..

published on 6/6/25 7:05 PM