Bulgaria’s cabinet is expected to meet online today to discuss the 2020 draft state budget, the budget of the State Social Security and the National Health Insurance Fund. The 2022 draft budget envisages a GDP growth of 4.8%, or 1.2% more as compared to 2021.
The budget deficit excluding the Covid-19 measures will stand at 2.5% of the GDP. The deficit including the coronavirus measures will amount to 4.1% of the GDP.
Unemployment is expected to drop from 5.4% to 5%. The average annual inflation is expected to reach 5.6%. The minimum monthly salary will rise to EUR 363 from April 1.
A cold front will pass through the country overnight and tomorrow from the northwest . Rain will fall in many places in the western regions and the Danube Plain, and will quickly turn to snow in the high fields of western Bulgaria and the Balkan Range...
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