Investments of over BGN 1 billion were certified last year under the Investment Promotion Act and this is a record amount for the last six years, the Ministry of Economy informs. The 34 projects for which the funds are targeted provide for the creation of nearly 4,500 new jobs.
Only ten of the projects will be implemented in Sofia, and the rest will be carried out across the country, including in three municipalities with above-average levels of unemployment.
The fact that seven projects are allocated for expanding the existing production can be interpreted as an important sign of investor confidence in the business environment in Bulgaria, even in the global crisis, said Economy Minister Lachezar Borisov.
Regional policies are needed to address imbalances in employment and economic activity levels in different regions of Bulgaria, taking into account the specificities of each region. This is the recommendation of the Council for Economic Analysis study..
The total average income per household member in the first quarter of 2024 is BGN 2,840 (EUR 1,452.07), which was an increase of 18.6%, year-on-year, the National Statistical Institute said. Wage income increased from BGN 1,284 (EUR 656.5) to BGN 1,597..
There are over one million inactive persons on the Bulgarian labour market. They don't study, don't work and are not registered with the labour offices. This "army" has huge untapped potential, National Employment Agency Director Smilen Valov said...
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