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.
Twenty-two Bulgarian students who spent the last school year at high schools across the United States, from Texas to Vermont, have returned home . The exchange was organised by the YES Bulgaria programme. Over the past few months, the teenagers not..
Tighter controls on main roads, tougher penalties for violators and improved traffic management during the summer months — these were the measures ordered by Bulgaria’s Prime Minister Rosen Zhelyazkov at the start of the Cabinet meeting. In..
The low level of the Danube River makes navigation in the Bulgarian section difficult. Two sandbars have formed, Ivelin Zanev, executive director of the Executive Agency for Exploration and Maintenance of the Danube River, told..
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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