Bulgaria's GDP Up by One-Fourth in Four Years - Deputy PM Donchev

Bulgaria's GDP Up by One-Fourth in Four Years - Deputy PM Donchev

At a meeting with the Confederation of Independent Trade Unions in Bulgaria (CITUB) here on Monday, Deputy Prime Minister Tomislav Donchev said that in four years Bulgaria's GDP grew by one-fourth, the average wage increased by 50 per cent, and the minimum pension doubled. In his words, topic number one before Bulgaria at the moment is exiting the COVID-19 crisis in terms of health care, and the other topics are how to exit the crisis in socio-economic terms and in what way do different people envision the growth formula. According to him, ever more attention should be paid to the quality of investments and economic transformation. Even more targeted state support is needed, he argued and added that the National Recovery and Resilience Plan will be a very powerful tool to that end. The big political task is to restore the normal political dialogue, Donchev also said. In his words, in the coming years Bulgaria will face huge challenges and opportunities, and lack of preparedness and failure to reach minimum consensus might result in the country tripping on the challenges and missing the opportunities. Whoever is in power will have to get Bulgaria across the Green Deal challenge, and that process should not go through the typical political hysterics if something is to be achieved, Donchev argued.

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Health Minister Kosdatin Angelov Monday said that work is already underway on the highly needed programmes for prevention and early diagnostics, as well as on higher incomes in health care. He also said that the main reason for the death rate in Bulgaria are cardiovascular and oncological diseases. Efforts will be put in creating prevention programmes for these patients, ensuring quick access to treatment through the so-called golden hour, and reforming emergency medical care.

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