Text size

BICA pushes for easier labour import and faster increase in retirement age

published on 10/10/23 4:39 PM

Photo: EPA/BGNES

The Bulgarian Industrial Capital Association (BICA) insists on reforming the pension system and accelerating the rate of increase of the retirement age for men and women, as well as easing the administrative procedures for importing labour from third countries. The employers' recommendation is in connection with the forthcoming presentation of Bulgaria's draft budget for 2024.

Labour shortages for industry are the main deterrent to accelerated GDP growth, as is the lack of skilled workers. Bulgaria continues to rank last in the EU in terms of participation in lifelong learning activities involving vocational qualifications, with an EU average of 11.3% and a national average of only 2%. Those with at least basic skills in digital technologies are only 31%, compared to 54% in the EU, the association said.

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

Radio Bulgaria Economy BICA budget 2024 pension system reforms The Bulgarian Industrial Capital Association

More from category

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by more than 20% compared to the same period last year. As of September 30, 2024, the number of..

published on 11/21/24 5:30 PM

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

There has been an upsurge in the economy in every region of Bulgaria, the effects of the Covid crisis have been overcome, tourism has fully recovered, which is evident in Bulgarian seaside regions and spa resorts - this is the conclusion that is drawn..

published on 11/19/24 11:51 AM

More than EUR 1 billion to be allocated for agriculture and the development of local economies

More than EUR 1 billion will be invested in agriculture and rural areas in Bulgaria in 2025. According to a decision by the Monitoring Committee of the Strategic Plan for Agricultural Development, the funds are aimed at modernizing agriculture and..

published on 11/17/24 10:07 AM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: -2 | Max: 2

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..

published on 11/21/24 5:30 PM

Share

BICA pushes for easier labour import and faster increase in retirement age

More from category

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

Bulgarian economy registers upsurge, yet unevenly distributed over different regions

More than EUR 1 billion to be allocated for agriculture and the development of local economies

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion