A World Bank report on public finances in Bulgaria points out the need to improve VAT collection. It also states that greater efficiency is needed in public procurement, spending on education and helping the vulnerable groups.
According to the authors of the report, if measures were not taken now, in the long term the potential for economic growth would be severely limited. As an example, the still differentiated VAT rates, especially in the restaurant industry, the inefficient spending on education and public procurement are pointed out. It is for this reason that “if the necessary reforms are not undertaken now, growth could slow to around 1.25% by 2050." According to Deputy Minister Georgi Klisurski, in order to accelerate growth, the ministry will rely heavily on investments. Therefore, negotiations with foreign investors are conducted daily.
The Bulgarian population in Albania is 7,057 people - 3,691 men and 3,366 women. This is clear from the announcement of the National Statistical Institute INSTAT, quoted by BGNES. This puts the Bulgarian community in third place in terms of..
On Monday, July 1, President Rumen Radev will hand the first exploratory mandate to form a government to the largest parliamentary group - GERB- SDS. The coalition's nominee for prime minister will have seven days to propose to the president the..
Infamous drug kingpin Brendo, on Interpol's red list since 2018, has been hiding in Bulgaria for two years. This was announced in Parliament by caretaker Interior Minister Kalin Stoyanov. Evelin (Brendo) Banev, who turned himself in at Sofia..
Ivan Ivanov, chairman of the Energy and Water Regulatory Commission, announced that a decision would be taken today on how to compensate green energy..
During the next 24 hours, cumulus clouds will develop again over the western half of the country. At night, there will be short-term..
At the European Council, Bulgaria will insist on including a text on the Republic of North Macedonia in the adoption of the conclusions of the meeting ,..
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