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.On the Day of Bravery and the Bulgarian Armed Forces Day - May 6, President and Supreme Commander Rumen Radev will take part in the ceremonial water blessing of the battle colours and standards of the Bulgarian Army at St Alexander Nevski Square in..
Monday will be mostly sunny. There will be light winds from south-southeast. Minimum temperatures will be between 5°C and 10°C, around 6°C in Sofia, and maximum temperatures will be between 21°C and 26°C, in Sofia - 23°C. In the mountains it will be..
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to last until mid-June this year, the plant's authorities have confirmed. As part of Kozloduy..
Today, caretaker Premier Dimitar Glavchev will notify the prosecutor's office and the State Agency for National Security about the case with the private..
Unit 5 of the Kozloduy Nuclear Power Plant (NPP) has been temporarily shut down for its scheduled annual maintenance and refuelling, which is expected to..
The 17th edition of the Antistatic International Festival for Contemporary Dance and Performance will be held in Sofia from May 7 to 23. The festival is..
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