Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Annual meeting of Bulgarian municipalities discusses problems faced by local authorities

Photo: Ministry of Agriculture and Food

BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the Annual Meeting of Local Authorities, organized by the National Association of Municipalities in the Republic of Bulgaria. He noted that a reallocation of residual funds under the Programme has been made to ensure the funding of various municipal investments.

Bulgaria must prepare its first medium-term fiscal-structural plan for 2025-2028. This plan should include policies, reforms and investments foreseen for this four-year period, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova said at the "Albena" resort.

Bulgaria can be revitalized with at least 35 industrial parks. Besides attracting investors, these parks contribute to economic and social development and impact the educational infrastructure, caretaker Minister of Innovation and Growth Rosen Karadimov told local government representatives. In his words, industrial parks are the only effective mechanism to address regional disparities.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

More than EUR 1 billion to be allocated for agriculture and the development of local economies

More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..

published on 11/17/24 10:07 AM
Institute for Market Economics

High added value manufacturing marks significant growth: Institute for Market Economics

Bulgaria’s industry is being transformed in the direction of high added value productions, reads an analysis by the Institute for Market Economics. This tendency is best manifested in computer science, electronics and optics which account for the..

published on 11/16/24 2:04 PM

Monthly inflation rises to 1.1%

Acceleration of inflation to 1.1% in October compared to the previous month was registered by the National Statistical Institute. On an annual basis, the index is 1.8 percent. In October, the prices of goods and services for..

published on 11/15/24 3:22 PM