In 2020, Bulgaria has allocated 1.93 percent of its GDP for defense, according to a NATO analysis. That's 150 USD per capita in the country. Most of these funds go for salaries - 56%. 18% goes to training and maintenance, 19.4% goes to new equipment and research, and 6.9% of the money is spent on infrastructure.
Due to the eight F16 aircraft purchased in 2019, the defense funds then reached 3.18 percent of GDP. In 2014, NATO countries adopted a goal for defense money to reach 2% of GDP by 2024. In 2020 Bulgaria almost meets this criterion, as 6 years ago it set aside for defense just 1.3% of national GDP.
President Rumen Radev has returned for new discussion in the National Assembly the amendments to the State Agency for National Security (SANS) Act, adopted on October 2 this year, which assign the power to appoint or dismiss the chairman of the agency..
On Wednesday, the lowest temperatures will range between 6°C and 11°C, around 7°C in Sofia. Cloud cover will remain significant over most of the country, with rain showers in parts of Eastern Bulgaria and the mountains, more intense in the Rhodope..
In its new World Economic Outlook report, the IMF has raised its forecasts for Bulgarian economic growth this year and next, compared to its estimates from April. At the same time, IMF expects increase in inflation, as well as a decrease in the..
The Bulgarian National Radio will host the 2025 Public Broadcasters International (PBI) Annual Conference . The prestigious forum will be held from..
On Saturday, minimum temperatures will range from 8 to 13°C , around 9°C in Sofia. It will be mostly cloudy with rain in many areas. There will be..
Bulgaria’s Minister of Justice Georgi Georgiev conferred in Brussels with the European Commission team responsible for the Resilience and Recovery Plan..
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