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 last night's storm, accompanied by hail and strong winds, several municipalities in Bulgaria suffered serious damages and declared a state of emergency. In the Municipality of Nova Zagora, several villages suffered damages...
After last night's strong storm, teams of the "Emergency Assistance and Prevention" Directorate of the Sofia Municipality are removing broken branches and trees from the streets. At the moment, eight teams of the Directorate..
The 18th edition of the Ancient Heritage Festival "Eagle on the Danube" will be held from June 14 to 16 in two places in the region of Pleven - the Ulpia Oescus colony near the village of Gigen and the Roman castle Ad Putea near the..
A hydrogen bus and the first hydrogen electric car in Bulgaria will drive through the streets of Sofia, Pazardzhik and Stara Zagora in the coming days,..
Bulgaria is among the countries in Europe where the tiger mosquito, which carries viruses such as dengue and zika, has become established. This was..
''Bulgaria remains fully committed to the strong and united response of NATO, the European Union and the international democratic community against..
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