The Ministry of Finance in Bulgaria has revised its inflation predictions for the year 2024, slashing them by half compared to previous estimates. According to the department’s spring macroeconomic forecast, the average annual inflation rate is anticipated to drop to 2.4%, with further deceleration to 2.3% until year-end. This adjustment marks a significant departure from…
The State Tax Service (SFS) has reported a new record of collections per day. The record amount collected to the state budget on March 25 was 1.19 billion lei, up by 156.1 million lei from the previous record in 2022. At the same time, according to the SFS, in three months of 2024, incomes to…
In March, Ukraine’s state budget general fund received UAH 158.1 billion. The relevant statement was made by the Finance Ministry. Following the results of March, a total of UAH 105.7 billon came from the Ukrainian State Tax Service, including UAH 60.1 billion worth of the corporate income tax, UAH 18.0 billion worth of the value-added…
The state budget of Ukraine received a $118-million grant from the Government of Japan as part of the World Bank’s Health Enhancement And Lifesaving (HEAL Ukraine) and Housing Repair for People’s Empowerment (HOPE) projects. “During a full-scale war, when the social sphere suffers the most, the implementation and mobilisation of resources for initiatives to support…
Bulgaria’s Finance Minister, Assen Vassilev, asserts that Bulgaria can attain Eurozone membership until 2025, with the caretaker government capable of steering the nation towards this goal. In a recent interview on Nova TV, Vassilev highlighted the European Commission’s acknowledgment of Bulgaria’s progress, signaling that meeting inflation criteria was the final hurdle before initiating the accession…
In March, The Pension Fund financed UAH 62.1 billion – for pension payments. Moreover, UAH 5.9 billion was provided for housing subsidies and benefits and UAH 2.7 billion – for insurance payments, including UAH 1.7 billion for sick leave payments. In March, 1,122,000 services were provided to individuals who applied to the Pension Fund of…
The team of the Ministry for Communities, Territories and Infrastructure Development, led by Deputy Prime Minister for Restoration, Minister for Communities, Territories and Infrastructure Development of Ukraine Oleksandr Kubrakov, has already held its first meetings. During consultations with Dariusz Klimczak, Minister of Infrastructure of Poland, and Katarzyna Pelczynska-Nalecz, Minister of Development Funds and Regional Policy,…