My
goal is to have over 90% of funds received under the Recovery and
Resilience Plan, Deputy Prime Minister Atanas Pekanov has told BNT.
According to him, many ministries must implement their investment
projects. “We have 56 stages and goals for the fifth payment and
we have not reported any as completed at the moment, while we have 50
days,” Pekanov warned.
He
described as an extremely bad idea that in just half a year or a year
the budget deficit should be reduced from 4.5-5% to below 3%.
“This
will be an exceptional contraction of the economy, an exceptional
suffocation and believe me, it will be bad for all of us, for
citizens, for business as well, if consumption suddenly decreases so
much. The steps should be smooth,” Pekanov said and admitted
that there would be a need for optimization in the public sector.
Editor:
Ivo Ivanov