A national center should be set up as soon as possible to manage the crisis and have the power to impose strict sanctions and a strict regime of conduct, Prof. Preslav Dimitrov, dean of the Faculty of Economics at SWU Neofit Rilski, has told BNR. He recommends that funds that would be used to support sectors and industries be directed to the end user. "It is good for citizens to see the concerns of the state and not to feel abandoned," Prof. Preslav Dimitrov said.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
We are moving towards the option of not having a quickly adopted budget for 2025, Lachezar Bogdanov, chief economist from the Institute..
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