Bulgaria Budget for 2014 To Introduce Market Principle, says MP

Finance | October 18, 2013, Friday // 16:17|  views

BSP Member of the Parliament, Rumen Gechev. Photo by BGNES

BG 600 M from Bulgarian Government’s next year budget will be distributed on a market principle, according to socialist Member of Parliament.

“For the first time ever in Bulgaria BG 500 to 600 M of the state’s money will be distributed on a market principle”, announced at a press conference on Friday BSP MP, Rumen Gechev, as cited by BGNES.

This will be the first time ever in Bulgaria for a market principle to be introduced in the government’s budget policy, pointed out the socialist MP.

“Bulgarian business projects will compete for government funding with state and local government projects so the best possible projects will be awarded funding from the budget”, explained Gechev.

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Tags: government funding, compete, market principle, budget, Rumen Gechev, Socialist, BSP, Bulgaria


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