BGN

The Treasury is already at deficit of BGN 183 million, according to the projection data for November provided by the Bulgarian Ministry of Finance. In October, the surplus in the Treasury was over BGN 654 million.

The monthly deficit in the Treasury is no surprise, but for the first time this year there is also a deficit on a consolidated basis.

The minimum wage in Bulgaria will become BGN 650. From 1 January 2021, it will rise by 6.6% compared to this year, the government has decided.

The Bulgarian Development Bank provides relaxed conditions for loans up to BGN 1 million for small and medium enterprises.

The Lawmakers are meeting for an extraordinary session on Tuesday to finalize the parameters of the state budget for next year, BGNES reports.

"There is no way for the Bulgarian Socialist Party (BSP) to vote for a budget that would sink the Bulgarian economy," This is what Prof. Rumen Gechev, floor leader of „BSP for Bulgaria" told the Bulgarian National Radio.

Prof. Gechev noted that a huge part of the Bulgarian citizens and firms are not protected.

A day before the extraordinary session of the parliament with a request for updating the state budget, the cabinet allocated more money for the crisis in the economy. Ministers met online amid ongoing 35-day protests. A decision was made to support Bulgarian pupils, students, young families and working people.

Due to the Covid-19 pandemic, the Human Resources Development Operational Program postpones for next year the application for the incentive measure for return to Bulgaria for work.

The government will allocate BGN 600,000 for the Rila Monastery. This was announced by Prime Minister Boyko Borissov, who visited the Holy Monastery.

Earlier, they complained that no funds had been transferred to the temple's treasury, although the monastery is on the UNESCO list.

From BGN 30,000 to BGN 100,000 grants under the new scheme of the Operational Program "Innovation and Competitiveness" will be received by medium-sized enterprises affected by the quarantine. 

This is clear from the documents published for public discussion to the procedure "Support for medium-sized enterprises to overcome the economic consequences of the COVID-19 pandemic".