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.
The National Assembly has introduced a new requirement for state-owned enterprises to implement corruption risk management systems, which will also include appointing an integrity officer. The measure is recommended by the Organisation for Economic..
GERB leader Boyko Borissov said that he did not like budget 2026 and it would be frozen. Speaking to the media in parliament, Borissov said that the Joint Governance Council of the formations in the government, the Prime Minister..
North Macedonian Prime Minister Hristijan Mickoski accused attacked Macedonian Bulgarian journalist Vladimir Perev of staging the attack and self-harm, BGNES has reported. On November 21, in a shop in the center of Skopje, Perev..
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