Bulgarians working abroad have sent a record EUR 1.32 billion to their relatives in the country in 2023, official Bulgarian National Bank (BNB) statistics show.
Compared to 2022, that is an increase of 25%. This means the sumtotal of the money invested in domestic consumption by Bulgarians working abroad has exceeded the pre-pandemic EUR 1.2 billion sent in 2019, after which, due to the closure of economies, the money sent to Bulgaria from abroad went down to EUR 400 million in 2020, and to EUR 161.1 million in 2021. The BNB points out that their statistics only cover transfers of over EUR 2,500, and do not register cash payments. According to experts, if cash payments are included that would boost the money sent to the country by 25%, as compared to BNB data.
Although 2.5 million euros were allocated for the Stefan Stambolov Program in 2024, the money remained unused. The new team at the Ministry of Education will not work on it, too. This is stated in a response from the institution,..
“DPS-New Beginning” is committed to collecting, summarizing and providing the US government with information about the actions of organizations, media and individuals who have carried out manipulative and propaganda activities in..
By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova TV. The first two fighter jets are expected at the end of March, the next 3 will arrive in the..
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By the end of September, Bulgaria will receive eight F-16 Block 70 fighter jets, Minister of Defence Atanas Zapryanov has told Nova..
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