According to Jaewoo Lee, Head of the IMF mission for Bulgaria, inequality in this country keeps growing.
As a measure to provide more resources for social spending, the Fund proposes increasing the maximum social security income without eliminating the flat tax of 10%. IMF experts, who have been in Bulgaria since February 4, have held a series of meetings with government officials, BNB experts, business and non-governmental organizations. The fund assessed the stability of the financial system and the state of the economy in 2019, announcing that stable, albeit more moderate economic growth is expected in 2020, as well.
Meanwhile, the National Statistical Institute announced that annual inflation in January was 4.2%, with a rise in prices marked in almost all goods and services.“A new financial instrument should be put in place to protect farmers during crises,” said caretaker Minister of Agriculture Georgi Tahov at the Agriculture Council in Brussels. He added that Bulgaria supports the proposal by Croatia and Slovenia..
The 76 th edition of the national tourist march Following in the Footsteps of Hristo Botev’s Detachment has started out from the bank of the River Danube at Kozloduy, where in 1876, Hristo Botev’s detachment disembarked the Austrian ship Radetzky...
Conference on "Adoption of the Euro - Risks and Challenges. The Experience of Croatia" is being held today in Sofia. The event is organised by the Bulgarian Chamber of Commerce and Industry and the Bulgarian-Croatian Business Club in cooperation with..
A major repair of the Danube Bridge near Ruse will begin at the end of June. It will be difficult. Traffic will be limited to one lane, but the facility..
For the first time, Bulgaria has less than 3 million working citizens out of a total population of less than 6.5 million , according to the National..
"Russia suffers from internal division and discord, concealed by illusory unity, but in fact millions there are internally displaced dissidents..
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