Bulgaria's caretaker government proposes higher social spending for 2022

Bulgaria's caretaker government proposes higher social spending for 2022

Caretaker Finance Minister Valeri Belchev has proposed an increase in the minimum wage, maternity allowance and child benefits. "Over 750,000 people in the country receive a minimum wage of 332 euros a month. This amount is extremely insufficient. We propose to increase the country's minimum wage to 363 euros, Belchev argues.

An increase is also offered for child benefits by 10 euros. The money for maternity should be raised to 332 euros. The minimum pension from January 1, 2022 should be 248 euros, the Minister of Finance added in his proposal.

The increases will be included in the draft budget for 2022. It is yet to be discussed by the social partners and the new 47th  National Assembly.

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