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salaries

Budget 2021 - record spending and not a single anti-crisis measure?

Houston, we have a problem. Judging by all the news and statements from the government on the subject, it looks like Budget 2021 will be the most wasteful in a long, long time. The entire budget process and the discussions surrounding it are extremely puzzling to anyone with basic economic literacy. Why in …

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Food voucher market research in Bulgaria

State of the system, socio-economic impacts and prospects for liberalization This study provides a macroeconomic, socio-economic and fiscal assessment of the possibility of liberalizing the food voucher system in Bulgaria. You can read the full text of the study here. It takes into account the development of the country since 2012, especially the dynamics of incomes …

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On public spending and business cycles

Yesterday the government announced its intention to increase the salary levels in the state administration by 10%. The measure is expected to come into effect from January 1, 2019, and according to initial estimates it will cost all of us taxpayers between 800 million and 1.1 billion leva. This is certainly great news…

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