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.Due to health reasons, Bulgarian Ambassador to Russia Atanas Kristin will not attend Vladimir Putin's swearing-in ceremony for a fifth presidential term, a diplomatic source told BNR. Earlier, EU High Representative for Foreign Affairs and Security..
Filling the reserve in the Bulgarian army is complicated, announced the caretaker Defence Minister Atanas Zapryanov. The military authorities are trying to fill it through temporary service in the voluntary reserve. Reservists will be attracted by higher..
Harvesting of the rose petals in Bulgaria has started in the first days of May, reports BGNES. The dry and warm spring is the main reason for the beginning of the rose harvest, said rose grower Peter Simeonov from Kazanlak. Zara Klisurova of the..
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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