In an analysis of the pension system in Bulgaria, the International Monetary Fund urges the country to raise pensions by raising social security contributions and doing away with the maximum insurable earnings. According to the analysis, pensions in Bulgaria are low compared to salaries and poverty among pensioners is widespread, nevertheless the deficit in the public social security budget is going up which could boost government debt. According to the IMF, the problems in the pension system can be solved by increasing the incentives for the people who pay social security installments which will raise budget revenues and pensions.
Bulgaria continues to be dedicated to the joint mission of developing the potential of science in support of peace in a world of fierce competition and for the positive development of our societies. This was what Bulgarian President..
Another 80 Bulgarian citizens from Lebanon landed at Sofia airport on board the government’s plane. The number of evacuated people with two flights after September 30 is now 169. The latest flight was welcomed by Minister of..
The regional organization of Jews in Bulgaria "Shalom" for the city of Varna has collected over BGN 3,000 at a charity auction of paintings by famous artists to help the residents of the village of Voden , Yambol region, reported BNR correspondent in..
A State Aviation Operator crew is standing by to fly to Lebanon as soon as the phased evacuation of the Bulgarians there is given a green light. This..
Bulgaria has begun evacuating our fellow citizens who expressed a desire to leave Beirut following Israel's attacks on Lebanon. Some of the Bulgarians..
Some of the Bulgarians in Lebanon were evacuated on a government aircraft flight on Monday evening. The first group, consisting of 89 people, mostly..
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