Bulgaria’s cabinet has adopted the framework of the 2022 state budget, Premier Kiril Petkov and this country’s Minister of Energy Alexander Nikolov announced at a joint briefing after the extraordinary sitting of the government. In Premier Kiril Petkov’s words, the 2022 state budget is a budget of economic growth. Investments by the state will increase from 2.1% of the GDP to 5.8% of the GDP. The budget deficit including the Covid-19 measures will amount to 4.1% of the GDP.
Kindergartens will be free-of-charge as of April, Premier Petkov promised. No pensioners will be living under the poverty line, Kiril Petkov further said. All measures aimed at providing financial assistance to businesses, including the 60:40 wage support scheme, will continue in the next 6 months. The policies aimed to shield companies against high electricity prices will continue as well. “The new budget focuses on capital investment and human capital. It will make sure no one is left under the poverty line”, Premier Petkov summarized. The new budget has to be voted in Parliament.
On June 26, people around the world are encouraged to take an active stance against the spread of drug addiction. On the occasion of the International Day against Drug Abuse and Illicit Trafficking, municipal institutions in Sofia, with the..
Wednesday will be mostly sunny, with clouds developing over the western half of the country in the afternoon. There will be brief showers, thunderstorms and a chance of hail. The phenomena will be intense in mountainous areas. Maximum temperatures will..
Caretaker Minister of Interior Kalin Stoyanov is attending the ministerial conference of the Salzburg Forum countries in Vienna, the Ministry of Interior's press center reported. The conference is held within the framework of the Austrian..
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At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy..
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