Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Effort of Bulgaria’s government aimed at increasing wages is positive step forward in incomes policy: Dimitar Manolov

President of Confederation of Labor Podkrepa Dimitar Manolov
Photo: BGNES

The incomes policy is of great importance for Bulgaria. Wage increase is among the top priorities of the labor unions, the President of Confederation of Labor Podkrepa Dimitar Manolov told the Bulgarian National Radio on Sunday. As a matter of fact, we have witnessed an increase of incomes in this country recently. However, wage increase started from a very low base. The expected 10%-11% increase of the incomes in the budget sphere is quite reasonable. Of course, I would like to see even higher wage increase in that sphere, but we should be realistic. The efforts of the government aimed at increasing wages are a positive step forward in the incomes policy. On the other hand, the tax system must be subject to some changes, because currently the biggest tax burden falls on the people with lowest incomes, Dimitar Manolov went on to say. The minimum salary should not be taxed. Thus, domestic consumption will increase immediately, because nobody will keep this money at home or in bank accounts, the President of Confederation of Labor Podkrepa Dimitar Manolov further pointed out.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The deadline for submitting applications for voting abroad expires at midnight

The deadline for Bulgarians living abroad to apply for the opening of polling stations for the early parliamentary elections on October 27 expires on October 1 at midnight. By law, polling stations abroad are opened in Bulgaria’s diplomatic and..

published on 10/1/24 9:19 AM

Government aircraft evacuates Bulgarians from Lebanon, new flight expected

Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly families, mothers with children and elderly people, was welcomed by caretaker Premier Dimitar..

published on 10/1/24 8:46 AM
Energy Minister Vladimir Malinov

Alexandroupolis LNG Terminal starts commercial operations

The commercial launch of the liquefied natural gas terminal in Alexandroupolis, Greece, is expected today . The terminal has already successfully completed all commissioning tests. The opening was originally scheduled for April 2024, but was later..

published on 10/1/24 7:30 AM