Bulgaria’s National Assembly has approved the 2021 state budget at a second reading. Revenues in next year’s budget are estimated at EUR 24.3 billion. Expenditures are projected at EUR 26.8 billion. The budget deficit is set at nearly EUR 2,56 billion, or 4% of the country’s GDP. The cabinet will be able to cover the deficit by issuing government bonds to the tune of EUR 2.3 billion.
The minimum monthly salary is to increase from EUR 312 to EUR 332 as of January 1, 2021. The minimum monthly pension will amount to EUR 153. People working at the frontline against Covid-19 will receive 30% pay rise. Salaries of teachers are to increase by 17% and the monthly wages of Bulgaria’s Police officers are to see 15% increase. The rest of the salaries in the public sector will increase by 10%.
Bulgaria’s Employment Agency reported a stable labour market in September, with the registered unemployment rate standing at 5.06%, down from 5.2% in August. Around 17,000 people found jobs through labour offices during the month, nearly 3,000 of..
Three Air Force officers were presented with the Presidential Badge of Honor, BTA reports. The head of state presented the award to Major General of the Reserve Ivan Parapunov, Lieutenant Colonel Stefan Stefanov and Major Dimitar..
Early elections will not help anyone. If elections were held now, the caretaker government would have no power to draft the most difficult budget in the past 30 years. This was what the president of the Confederation of Independent..
Bulgarian President Rumen Radev has announced that as of October 20 this year he will travel to work in his personal car. “When a law is being adopted..
The government of South Africa is introducing a visa-free regime for Bulgarian citizens holding ordinary passports for stays of up to 90 days , the..
Two more F-16 Block 70 aircraft are expected to arrive in Bulgaria very soon. This was announced by the commander of the Air Force, Major General..
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