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.30% of the hotels in the Black Sea resort of Sunny Beach open in the beginning of May. These are mostly high-class hotels for which reservations have been made by Bulgarian, Romanian and Greek tourists. "The prices for the tourist packages this summer..
The 148th anniversary of the April Uprising - a turning point in the struggle for the liberation of Bulgaria from Ottoman rule, will be marked today with a reenactment in the town of Klisura. Dozens of members of the "Tradition"..
On May 1, 1879, the first Bulgarian postage stamps, called "centimes" at that time, were put into circulation. Their nominal value was 5 centimes, as there was no Bulgarian monetary unit. They depicted a lion with a crown as a symbol..
On April 27, volunteers from a total of 465 locations throughout Bulgaria took part in the eighth edition of the "Let’s Count the..
Bulgaria remains consistent in its support for Ukraine and will actively participate in the process of its post-war reconstruction , caretaker Premier an..
On Wednesday, the lowest temperatures in the country will be between 8 and 13°C; in Sofia - about 9°C. After midnight, rainfalls across..
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