Minister of Finance Kiril Ananiev described the budget for 2021 as “anti-pandemic”.
“It has clear priorities targeted most of all at measures for overcoming the consequences of the crisis,” he said for BNR’s Horizont channel, adding that over 3 billion Leva had been earmarked for the purpose, of which 576 million for businesses.
“We have decided structural elements, the budget is balanced between the Covid-measures and the need to reform the individual systems,” Minister Ananiev said.
He explained that until December this year, the financing of the budgets of all ministries and institutions will be 95%, with a 5% buffer which will be used in the event of “force majeure” in the healthcare system.
Inflation for 2024 is 2.2% compared to the previous year, the National Statistical Institute reports. In December, this indicator was 0.4%. Annual average inflation for the period January 2024 - December 2024 compared to the period January 2023 -..
Without compensation for the price of electricity, companies will be uncompetitive, said Vasil Velev of the Bulgarian Industrial Capital Association (BICA) at a press conference held jointly with trade unions. Those who cannot pass on the increase in..
Bulgarian exports are expected to grow by 5.8% annually after Bulgaria joins the eurozone. Trade in goods could increase by 3.3%, and in the services sector, growth might reach 8.4%. This is predicted by an analysis by the trade credit insurance..
In 2024, the average gross annual salary in Bulgaria is 27,881 BGN (EUR 14,255), according to preliminary data from the National Statistical Institute...
Bulgaria has favorable climatic conditions for producing electricity from the su n, even in the transitional seasons of spring and autumn. One of the..
A Bulgarian-Greek Business Forum with the participation of nearly 60 companies from both countries has opened today in Sofia . The forum is organized by..
+359 2 9336 661