Despite the bad harvest in 2020, the potential for the export of wheat is good, indicates an analysis by the Centre for Agri-Policy Analysis CAPA. The forecast is that by next summer Bulgaria will have sold 3.7 million tons of wheat abroad. This is the lowest export level since 2015. The wheat harvested, according to CAPA is 5.2 milliion tons – at an average yield of 4.3 tons.per hectare. The Ministry of Agriculture estimates the amount of wheat harvested at one million tons less that the above figure, writes sinor.bg.
The maize harvest is expected to be 6.85 tons per hectare or 3.8 million tons, which is 3% down compared to 2019. Maize production will be down by 19% compared to the amounts over the past 5 years.
The draft budget for 2025 proposes a deficit of 3%. The mid-term budgetary forecast targets a deficit of 3% up until 2028. The government debt is to increase to EUR 41.57 billion by 2028. The size of pension insurance is to be preserved in..
In 2025, the National Health Insurance Fund will be able to spend 1.2 billion leva (EUR 613 million) more on insured individuals, the draft budget of its Supervisory Board envisages. The health insurance contribution remains 8% of the insurable..
Bulgaria will meet the final criterion of price stability for entry into the eurozone by January. After that, politicians are in charge, Bulgarian National Bank Governor Dimitar Radev has told BNT. "Politicians must try to get the..
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