Business

Lifestyle

Politics

Society

Sports

Home » Politics

The project for State budget surplus 2008 approved

Submitted on Saturday, 11 October 2008No Comment
The project for State budget surplus 2008 approved

The project proposal of the use of the State budget surplus 2008 was approved yesterday in the Parliament. It provides that over 1.2 billion leva will be spent on social activities. Still, the Opposition voted against, stating that the project was useless.

According to Bulgaria’s PM Sergey Stanishev, the money from the surplus will be divided in two main packages – social and investment package.

Over 90 million leva will be spent on increasing retirement pensions and additional 338 million – on Christmas bonuses for Bulgarian pensioners. This means that this year the retirees will receive 150 leva each for the Christmas holidays. Stanishev said that in the beginning of democracy in Bulgaria the bonus was 25 leva and 150 leva is the largest sum ever granted by any Bulgarian government in the times of the passage from communism to democracy. He also reminded that from the beginning of the mandate of the current government the pensions have been increased by 68%.

Popularity: 1%

Share and Enjoy:
  • Digg
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks
  • email
  • Technorati
  • Live
  • MySpace
  • Reddit
  • StumbleUpon
  • Twitter
  • Wikio

Leave your response!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.

More news from Politics

» Dilma Rousseff - a Bulgarian immigrant daughter - is the new President of Brazil
» 30 000 Bulgarian citizenship applications approved in 2010
» Bulgaria will support the unified commission of the EU for swine flu vaccine delivery
» Tsvetanov is a full-fledged politician
» Nadejda Mihailova for EU commissioner