BGN 1 billion (EUR 510 million) under the Strategic Plan for Agriculture and Rural Development 2023-2027 will be distributed between municipalities in Bulgaria in December 2024, said caretaker Minister of Agriculture and Food Georgi Tahov at the Annual Meeting of Local Authorities, organized by the National Association of Municipalities in the Republic of Bulgaria. He noted that a reallocation of residual funds under the Programme has been made to ensure the funding of various municipal investments.
Bulgaria must prepare its first medium-term fiscal-structural plan for 2025-2028. This plan should include policies, reforms and investments foreseen for this four-year period, caretaker Deputy Premier and Minister of Finance Lyudmila Petkova said at the "Albena" resort.
Bulgaria can be revitalized with at least 35 industrial parks. Besides attracting investors, these parks contribute to economic and social development and impact the educational infrastructure, caretaker Minister of Innovation and Growth Rosen Karadimov told local government representatives. In his words, industrial parks are the only effective mechanism to address regional disparities.
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating reflects the rating agency's expectations that Bulgaria's debt and creditworthiness indicators will remain..
On January 27th, government securities for 150 million euros (300 million leva) will be offered on the domestic market , the Bulgarian National Bank (BNB) announced. The bonds will have a maturity of 7 years and an annual interest rate of 3.25%. On..
Bulgaria is making the necessary progress towards adopting the euro, according to representatives of the European institutions whom Finance Minister Temenuzhka Petkova met with. This progress will allow Bulgaria to request extraordinary convergence..
Moody's Ratings has affirmed Bulgaria's long-term and short-term rating at Baa1 with a stable outlook. The affirmation of Bulgaria's Baa1 rating..
Mostly Cloudy
Partly Cloudy
Clear