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.
Two million laying hens have been culled in Bulgaria since an outbreak of avian influenza began in October. Over 40% of laying hens are affected by the disease. These alarming figures were reported to BNR by Ivaylo Galabov, chairman of the Union..
The first shipment of fresh nuclear fuel for the Kozloduy nuclear power plant has arrived at the port of Varna - West. The fuel, manufactured by the US company Westinghouse, was delivered by the Dutch-flagged ship Adamas, public broadcaster BNT..
EU Commissioner for Home Affairs Ylva Johansson visited the border crossing at Sofia Airport. Bulgaria's caretaker Interior Minister Kalin Stoyanov, showed Ms Johansson the new organisation of work after Bulgaria's accession to Schengen by air. The..
The MPs from the National Assembly Energy Committee have postponed by one year the full liberalization of the electricity marker. According to the..
Seventh-grader Kaloyan Geshev from the 125th High School "Boyan Penev" in Sofia became a three-time champion in mental calculation. He won first place..
Italy supports Bulgaria's full-fledged membership in the Schengen area, Italian President Sergio Mattarella said. Mattarella is on a two-day visit to..
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