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

President Radev calls for stronger EU security and urges North Macedonia to implement Consensus 2022

Addressing the crises facing the EU requires strengthening Europe's global competitiveness and ensuring security, President Rumen Radev said during a meeting with European Council President António Costa at the Munich Security Conference...

published on 2/16/25 10:39 AM

Support for protesting Serbian students in Pirot.

Bulgarians and Serbs from Tsaribrod and Pirot support student protests

Bulgarians and Serbs from the towns of Tsaribrod and Pirot marched in support of the student protests in Serbia , reports BTA. "We want the students' demands to be met and we hope that there will be changes in Serbia," demonstrators from the two towns in..

published on 2/16/25 10:27 AM

Balkan Stream pipeline exempted from US sanctions on Gazprombank transactions until March 2025

The Balkan Stream gas pipeline will not be subject to US sanctions for transactions with Russia's Gazprombank. This was revealed in a written answer to a parliamentary question to Energy Minister Zhecho Stankov. On December 23, 2024, the Ministry of..

published on 2/16/25 9:45 AM