Text size

Galab Donev: Bulgaria will join the OECD in three years

published on 4/4/23 8:02 PM

OECD Secretary-General Mathias Cormann

Photo: BGNES

Improving the tax system, tightening fiscal policy to help tackle inflation and fighting corruption are some of the recommendations in the latest OECD Economic Survey of Bulgaria, presented by Secretary-General Mathias Cormann.

He did not give a specific timetable for when Bulgaria would be able to join the organisation, but Prime Minister Galab Donev was hopeful that this could happen within three years.

"We don't believe that almost half of the workers in Bulgaria are paid the minimum wage," Mr. Cormann said. This is the kind of data the organisation has, which means there is a high percentage of workers with income in the informal sector.

The Survey recommends improving the quality of educational outcomes and adult skills, including more workplace-based vocational training, enhancing the quality of jobs, better supporting immigration and putting in place more and better-quality childcare.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria News Economic Survey of Bulgaria Galab Donev Mathias Cormann OECD

More from category

Cold mornings and sunny weather through the weekend

On Saturday, the lowest temperatures will be between 0 and 5°C; in Sofia - it will be around 0°C. During the day it will be mostly sunny. In the Danube Plain it will be foggy. Until noon it will also be foggy along the river..

published on 11/14/25 7:50 PM

Bulgaria asks the US to postpone payment under the F-16 contract

The Bulgarian Ministry of Defense is requesting a postponement of one of the large payments under the contract for the second F-16 to 2028. Defense Minister Atanas Zapryanov said that this is necessary because Bulgaria will encounter difficulties in..

published on 11/14/25 6:50 PM

Bulgarian Lukoil companies receive special license from UK

Great Britain has issued a special license on Friday that allows businesses to continue to work with two Bulgarian subsidiaries of sanctioned Russian oil company Lukoil, Reuters and BNR Horizont reported. The general license allows companies and banks to..

published on 11/14/25 6:45 PM