Bulgaria Ethnic Turks Fight Ruling GERB with 'Wall of Truth'Business | May 27, 2010, Thursday // 15:05| views
The DPS MP, Aliosman Imamov, presented Thursday the “Wall of Truth” - several charts and tables which make a comparative analysis of economic indicators in the country now and during the rule of the Three-Way Coalition. Photo by BGNES
Bulgaria's ethnic Turkish party Movement for Rights and Freedoms (DPS) is asking the ruling Citizens for European Development of Bulgaria (GERB) party to put an end of their demagogy regarding “legacy from previous government.”
The Member of the Parliament from DPS, Aliosman Imamov, who in the previous General Assembly was the Deputy Chair of the Budget Committee, presented Thursday several charts and tables which make a comparative analysis of macro-economic indicators in the country now and during the rule of the Three-Way Coalition (2005 – 2009).
DPS say the idea to create the “Wall of Truth,” as they call the charts, which are on display in the party's room inside the Parliament building, belongs to their leader, Ahmed Dogan. The “Wall” is open to monthly updates by opposition MPs and journalists.
The first chart shows the trends of the development of the Gross Domestic Product (GDP) and places the beginning of the recession during the fourth quarter of 2008 with GDP persistently going down since then.
Regarding work productivity, DPS demonstrate that during the previous cabinet, of which they were part, the trend was for this indicator to go up.
According to Imamov, one year before the crisis another trend had appeared – increase of unemployment while inflation went up during the term of the previous cabinet, but towards its end, in the beginning of 2009, it showed a sharp reduction.
Regarding lower foreign investments, Imamov commented they began to slump as early as the end of 2007, adding if in the next 2 years the lines of the export and the import cross, it would mean Bulgaria is at the end of the recession period.
The DPS MP pointed out the fiscal reserve should not fall below the BGN 4.5 M minimum, and advised the GERB cabinet to undertake serious cuts in public expenditures and stop risking the country's financial stability.
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