Bulgaria’s Ministry of Finance published the draft bill of the country’s state budget for 2019. The budget is projected at real GDP growth of 3.7%, annual average inflation of 3%, unemployment rate of 4.8%.
The Finance Ministry is planning a deficit to the tune of 0.5% from the GDP. The public debt continues to decrease. Next year the authorities are not planning to make bond emissions on foreign markets. More money will be given for education, social policies and defense. All budget enterprises will receive 10% more money for salaries and social security contributions. The salaries in the education sphere will increase with 20%. The successful absorption of the EU finds remains among the top proprieties of the government. The money allotted under various EU funds and programmes helps the country reach a sustainable economic growth, higher employment, better social inclusion and territorial cohesion and build a competitive and innovative economy.
The Port of Varna will be granted under concession, which is an opportunity for investments worth hundreds of millions, Deputy Prime Minister Grozdan Karadzhov told the Parliamentary Committee on Transport and Communications, as quoted by Radio..
Ferry operations near Oryahovo have been suspended d ue to low water levels in the Danube River. The situation is not unprecedented and occurs every summer, but this year the water level has dropped earlier than usual, said the Oryahovo-Bechet Ferry..
Bulgaria’s Premier Rosen Zhelyazkov extended his warmest congratulations to the President, the government and the people of the United States on the occasion of July 4 – Independence Day. ''Bulgaria and the United States continue to deepen their..
Security agencies in Bulgaria, DANS (State Agency for National Security) and GDBOP (General Directorate Combating Organized Crime), are carrying out an..
On Thursday, the lowest temperatures will range from 13°C to 20°C, 16°C in Sofia. It will be sunny during the day and hot in the afternoon. There will..
The Sultanate of Oman's Minister of Foreign Affairs, Sayyid Badr bin Hamad Al Busaidi, will visit Bulgaria from 2 to 4 July 2025 at the invitation of his..
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