Milen Velchev: New Bulgarian Government to Be Judged by 2027 Budget
Former Finance Minister Milen Velchev has stated that the new Bulgarian government will face challenges from inflation and demands for higher wages. These remarks were made to bTV in light of the current economic climate.
Velchev highlighted the difficulties the new government will encounter, citing a complex global economic environment and the ongoing crisis in the Persian Gulf as contributing factors. He emphasized that the government's performance could be measured by its 2027 budget, indicating a long-term perspective on assessing its economic policies and outcomes.
The government will need to navigate the pressures of rising inflation while also addressing public expectations for increased salaries. This dual challenge will test the government's ability to manage the national economy effectively.