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.Bulgaria’s President Rumen Radev is on an official visit to Montenegro at the invitation of his Montenegrin counterpart, Jakov Milatović, reported BTA. On June 17, the Bulgarian president and his wife, Desislava Radeva, will be welcomed by their..
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, the Bulgarian Hydrogen, Fuel Cell and Energy Storage Association announced. The official opening..
President Rumen Radev greeted the Muslim community in Bulgaria on the occasion of Kurban Bayrami (Eid Al Adha) . In his greeting, President Radev notes that spiritual elevation, humility and forgiveness go hand in hand with kindness and compassion and..
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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