Bulgarian Govt To Keep Public Wages and Pensions Intact
Thursday, 01 January 1970
Bulgaria plans to spend more on healthcare, defence and infrastructure next year while keeping pensions and public sector wages intact, the government in Sofia said on Wednesday.
The cabinet of the centre-right GERB party, which began its four-year term in office last July, made the spending allocations as part of the 2011 budget bill it adopted at its regular meeting.
The bill targets a budget deficit of 2.5% of the projected gross domestic product (GDP) for 2011, assuming a 3.6% economic growth for that year, the government said in a statement.