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.
President Rumen Radev did not accept the Council of Ministers' proposal to lead the Bulgarian delegation to the NATO summit in Washington, the presidency said. Rumen Radev did not agree with certain provisions of the framework positions adopted..
After an accident that took place when Unit 6 of the Kozloduy NPP was shut down for repairs, no personnel were exposed to radiation, no leakage of radioactive water into the Danube River occurred, and some operators from the plant..
PP-DB have doubted the possibility of the 50th National Assembly to produce a government. At a briefing on the sidelines of the parliament, the co-chairman of the coalition Asen Vassilev rejected the possibility of "returning the..
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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