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.
Before midnight, the clouds will decrease and the wind will die down for the night. Tomorrow, 29 June, will be sunny. In the afternoon, there will be some cumulus clouds over the eastern half of the country and in the highlands, but there will be almost..
Bulgaria has a crucial role to play in the connectivity of several regions. It lies at a crossroads between the Balkan Peninsula, the Eastern Mediterranean and the Black Sea. This was stated by Deputy Transport Minister Anna Natova at a meeting..
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..
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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