The National Council for Tripartite Cooperation discussed future changes to the state budget for 2021.
The caretaker cabinet is proposing a 12.5% increase in pensions as of 1 October. “The raise is not going to jeopardize the country’s finances and does not require an increase in taxes,” commented Finance Minister Assen Vassilev.
An additional 1 billion euro of revenues and 900 million euro of additional costs are budgeted for. The deficit will shrink down from 3.9% to 3.6%.
Minister Vassilev requested that the regulation of the minimum threshold of social security contributions be pegged to the increase in the average salary.
Confederation of Independent Trade Unions in Bulgaria leader Plamen Dimitrov supported the proposals. The trade unions propose that public transport be subsidized, as well as an increase in food vouchers for employees.
'The dialogue between employers and trade unions has been restored. Consultations will begin tomorrow at the Ministry of Finance to iron out all the details. The state is committed to supporting every Bulgarian citizen.' This was written by GERB leader..
Bulgarian citizens traveled abroad 829,300 times in October, which is 15% more than in October 2024 , according to the National Statistical Institute. The most popular destinations were Turkey, Greece, Serbia, Romania, Germany, North Macedonia,..
The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..
Overcast, rain
Mostly Cloudy
Cloudy
Rain / Snow
Cloudy