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.
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..
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..
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
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