BULGARIAN ECONOMY
Emergency epidemic situation in Bulgaria extended until 30 April
The support provided by the government to preserve jobs and to help businesses in Bulgaria amounts to nearly BGN 2 billion since the beginning of the pandemic. With the funds already paid out under the measures launched by the Ministry of Labour and Social Policy, amounting to around BGN 1 billion, 300,000 jobs have been saved and the risk of double increase in unemployment in the country has been prevented.
As a result, at the end of last year, unemployment in Bulgaria reached the lowest rates since the lift of the state of emergency in May, and is currently also below 7%. The Ministry of Economy has allotted funds that have reached the businesses to the amount of BGN 550 million, with a further BGN 440 million being currently paid off.
This was reported druing a working meeting at the Council of Ministers between the Prime Minister Boyko Borissov and members of the government.
After the working meeting, Prime Minister Boyko Borissov also convened an extraordinary government meeting, at which a decision was taken to extend the deadline of the emergency epidemic situation until 30 April.
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