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In 2021, Bulgaria expects to reach economic level before Covid-19

Economy Minister Emil Karanikolov
Photo: BGNES

The forecasts are that in 2021 Bulgaria will be able to restore the economic conditions before the pandemic. Even for the first quarter the results are better than the first 3 months of 2019, Bulgaria's Minister of Economy Emil Karanikolov told the BNR. The main priorities of the government in declaring a state of emergency were, first of all, to protect human health and to preserve more sectors of the economy. A significant part of the sectors did not stop working, the workforce is in good condition. 

The 60% state support measure for salaries and social security contributions has saved 240,000 jobs. Without the "60/40" measure, unemployment in the country would now be 18%, the minister stressed.



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