In October, the general fund of the state budget of Ukraine received about $1.4 billion of concessional external financing: from IMF – $1.1 billion and from Canada – $300 million. Ukraine received funds from the International Monetary Fund as a result of the successful fifth review of the Extended Fund Facility (EFF) Arrangement. Ukraine has…
Bulgaria has become a preferred tourist destination for many international visitors, known for its rich history, beautiful landscapes and range of vacation options. The country offers everything from scenic Black Sea beaches to mountain retreats, attracting those in search of unique, memorable experiences. An increasing number of tourists now choose Bulgaria’s mountains, drawn by the…
According to Eurostat data, Bulgaria’s tax-to-GDP ratio is among the lowest in the European Union. In 2023, the overall tax-to-GDP ratio for the EU, which included the sum of taxes and net social contributions as a percentage of gross domestic product (GDP), was recorded at 40%. This figure represents a decrease from 40.7% in 2022.…
On October 30, Minister for Strategic Industries Herman Smetanin met with arms and military equipment manufacturers operating in Zakarpattia region. During the meeting, the manufacturers demonstrated their military products. These included drones of various types, ammunition, electronic warfare equipment, turrets, etc. During the meeting, the minister and the manufacturers discussed the issues and problems that…