Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

Effort of Bulgaria’s government aimed at increasing wages is positive step forward in incomes policy: Dimitar Manolov

President of Confederation of Labor Podkrepa Dimitar Manolov
Photo: BGNES

The incomes policy is of great importance for Bulgaria. Wage increase is among the top priorities of the labor unions, the President of Confederation of Labor Podkrepa Dimitar Manolov told the Bulgarian National Radio on Sunday. As a matter of fact, we have witnessed an increase of incomes in this country recently. However, wage increase started from a very low base. The expected 10%-11% increase of the incomes in the budget sphere is quite reasonable. Of course, I would like to see even higher wage increase in that sphere, but we should be realistic. The efforts of the government aimed at increasing wages are a positive step forward in the incomes policy. On the other hand, the tax system must be subject to some changes, because currently the biggest tax burden falls on the people with lowest incomes, Dimitar Manolov went on to say. The minimum salary should not be taxed. Thus, domestic consumption will increase immediately, because nobody will keep this money at home or in bank accounts, the President of Confederation of Labor Podkrepa Dimitar Manolov further pointed out.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

National Motorcycle Festival Vratsa – Ledenika to be held between July 5 and 7

From July 5 to 7, hundreds of high-speed enthusiasts from all over the country will participate in the latest edition of the National Motorcycle Festival Vratsa – Ledenika. The event will take place on the meadows near the Ledenika Cave.  The official..

published on 7/5/24 6:30 AM

Weather forecast: Temperatures to go up on Friday

Precipitation will stop by Thursday night and the weather will be clear on Friday morning. There will be light northwesterly winds in the eastern parts of the country. The weather will be calm in the rest of the country. It will be mostly sunny..

updated on 7/4/24 6:15 PM

Nearly 60% of students resort to supplementary tutoring

Nearly 60% of parents pay for private tutoring for their children. The main reason why students have to take extra lessons is poor-quality preparation at school, which is not sufficient for applying for high school or university. This is shown by a..

published on 7/4/24 6:04 PM