Payments under the Recovery and Resilience Plan (RRP) have doubled in recent months, Deputy Prime Minister Tomislav Donchev has announced. He added that he was optimistic about receiving the delayed tranches and the remaining funds under the RRP. According to the Deputy Prime Minister, there is a high probability that the second and third tranches will be received this year.
"The big challenge is that within the first half of 2026, Bulgaria will need to disburse six payments," emphasized Tomislav Donchev. He also outlined the difficulty of implementing the investments within the limited timeframe, with a deadline of next summer.
As far as pension reform is concerned, the Deputy Prime Minister believes that a broad public debate is needed. According to him, the retirement age and pension contributions should not be increased. He added that the pension system has been in deficit for decades and that a large part of pensions is co-financed by the state budget.
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Bulgaria relies on the efforts of honorary consuls from around the world to help establish new partnerships in the fields of economy, trade, innovation,..
The Ministry of Finance and the Bulgarian National Bank are organizing a high-level conference today titled ''Bulgaria on the Doorstep of the Eurozone''...
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