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.
Companies from 25 countries will present innovations in the defense industry at the International Exhibition for Defense Products and Services "Hemus 2024" in Plovdiv. It will be held from 5 to 8 June 2024 at the International Fair Plovdiv under the..
The weather on Wednesday will be mostly sunny . Cloudy and cumulus clouds will develop in the afternoon and rain will fall in many places in western and central Bulgaria. There will be thunderstorms and hail conditions. Winds will be light from the..
The acquisition of the Himars artillery missile systems is unfortunately not part of the immediate prospects of the Bulgarian Army, the Deputy Chief of Defense, Lieutenant General Mihail Popov said after the completion of the largest exercise of..
For the first time in the history of Mexico, a female president, Claudia Sheinbaum, is at the head of the country. "For the first time..
In a major article entitled "Bulgarians exploited the computer that said 'yes'" , The Times says that the British nation owes gratitude to Inspector..
The acquisition of the Himars artillery missile systems is unfortunately not part of the immediate prospects of the Bulgarian Army, the Deputy Chief..
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