International development

Ljubljana – Slovenian NGOs and the human rights ombudsman have called on the authorities to take measures to reduce poverty to the largest degree possible as the world observes International Day for the Eradication of Poverty on Sunday. The ministry in charge social affairs on the other hand says the government has not forgotten the socially deprived.

Nearly 24% of the Bulgarians live in poverty, according to data from the Action Plan for the implementation of the National Poverty Reduction Strategy.

The data also show that the country's goal was to reduce the number of people living in poverty by 260,000 by 2020 compared to 2008.

Ljubljana – The newspaper Finance argues in Tuesday’s commentary against the rules under which more than 10% of small businesses will have to return the state aid they received last year because they did not just sit around and wait for aid but actually found ways to keep their business afloat.

Given the rise in the number of Ankara's diplomatic missions across Africa, Turkey's foreign minister said on Feb. 22 his country's presence in the continent continues to increase.

For many people within the last decade 2020 has been the year strongly charged with pessimism, shows a survey of the Bulgarian Chamber of Commerce (BCC) on the attitudes and assessments of the business community in the current year and the expectations for the next one.

Ljubljana – The Ministry of Infrastructure will try to take into account the recommendations and proposals from a recent EU-wide report about energy poverty in Slovenia. The report says that despite EU requirements, Slovenia has failed to adequately address energy poverty in its national energy and climate plan.

The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around half a billion people into poverty, Oxfam said on Thursday.

The fallout from the coronavirus spread that has killed more than 83,000 people and wreaked havoc on economies around the world could push around half a billion people into poverty, Oxfam said on April 9.

The Council of Ministers approved the participation of the Republic of Bulgaria in the International Monetary Fund (IMF) initiative to raise funds to settle Somalia's debt to the IMF, amounting to EUR 242 million.

The amount with which Bulgaria will join is amounting to 1.48 million SDR (special drawing rights)

The International Monetary Fund (IMF) has downgraded its growth forecasts for 2019-2021, primarily reflecting negative surprises to economic activity in a few emerging markets.

In its latest World Economic Outlook, the fund expected global economy to grow 2.9 percent in 2019, 3.3 percent in 2020, and 3.4 percent in 2021