The Organization for Economic Co-operation and Development (OECD) starts membership talks with six countries, including Bulgaria, according to the OECD's website. The process is also under way for Argentina, Brazil, Croatia, Peru and Romania.
Each country will follow an individual roadmap to reaffirm its commitment to the OECD's values, vision and priorities. OECD Secretary-General Mathias Cormann commented that the candidate countries would be able to use the accession process to promote further reforms.
The organization says there is no deadline for completion of the membership process, as changes in laws, policies and practices may be required.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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