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 Minimum wage in Bulgaria will be increased to 420 lev

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BGmoaner
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PostSubject: Minimum wage in Bulgaria will be increased to 420 lev   Wed Apr 15, 2015 8:33 pm

From 1 January 2016 the minimum wage in Bulgaria will be increased to 420 lev, and in early 2017 the minimum wage will be increased to 460 Levs and will remain at that level throughout 2018. This was announced by the Ministry of Finance, making the medium-term forecast for the period 2016-2018, the

For the period no changes in pension contributions and health. Will be maintained and the maximum insurable income of 2600 lev 2% increase in pensions for 2016 The Ministry of Finance (MoF) plan to keep the Swiss rule of annually raising pensions from 1 July - 50% of growth insurance income plus 50% of inflation for the previous year. So forecasts for higher pensions in the coming years - by 2% for 2016, 2.8% in 2017 and 3% for 2018.

For the next three years is planned keeping taxes low. Will only be increased excise on cigarettes to reach the minimum levels for countries ES.Prihodite in the state budget for the period 2015-2018, it is planned to maintain a sustainable level in the range of 36.2 to 36.4% of GDP, represents an increase compared to 2014 (35.8% of GDP).

This is largely due to the measures taken to increase the collection of taxes and insurance, stated in the grounds of MF.Planira is to reduce government spending from 39.3 percent of GDP in 2015 to 37.9% of GDP in 2018, or 0.5% annually. The aim is the budget deficit to shrink each year by 0.5% and 3% for 2015 to fall to 1.5% for 2018
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paddy
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PostSubject: Re: Minimum wage in Bulgaria will be increased to 420 lev   Thu Dec 24, 2015 1:13 pm

wages in BG
30lev a day for 8 hours wow if we brake that down we are still under £11.50 a day over here most people are on that an hour, sounds mean but you can get a good lot of items in BG for that.
anyway merry Christmas to you all
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BGIan
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PostSubject: Re: Minimum wage in Bulgaria will be increased to 420 lev   Thu Dec 24, 2015 3:18 pm

420 leva a month, i doubt i could live here on that
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