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.After 2022, Bulgaria has improved its work against money laundering and financing of terrorism, according to a report of the Committee of Experts on the Evaluation of Anti-Money Laundering Measures and the Financing of Terrorism at..
“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...
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..
On Tuesday, minimum temperatures in the country will be between 10 and 12°C , 10°C in Sofia. In the afternoon it will be cloudy with short showers and..
The lowest temperatures on Monday will range from 9°C to 12°C, for Sofia 9°C. It will be mostly sunny during the day. Clouds will form in..
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