Newly appointed Deputy Prime Minister and Minister financeLyudmila Petkova reaffirmed the country's commitment to membership. euro areawith the approval of the Organization for Economic Co-operation and Development (OECD). schengen agreement membership. At her appointment from her predecessor, Arsen Vasilev, Petkova outlined her priorities: finance A ministry that suggests a proactive approach to moving forward. BulgariaBTA reports on his aspirations for Europe.
Ms. Petkova underlined the importance of finalizing the partnership agreement between the European Commission and the European Commission. Bulgaria Communication and information strategies for the introduction of the euro. Petkova aims to consolidate her position ahead of the ECOFIN conference scheduled for April 12th. Bulgariathe road to euro area This underlines the importance of economic convergence and stability within the European Union.
In addition, Petkova highlighted the ongoing project to create a unified revenue agency that would involve the merging of the State Revenue Service and the Customs Service. Mr. Petkova recognized the potential efficiencies and benefits of streamlining tax administration and confirmed his determination to advance this initiative to strengthen fiscal governance and combat tax evasion.
Referring to the financial impact of the upcoming parliamentary and European elections, Petkova revealed that around Lev 100 million will be allocated to election-related costs. Furthermore, she emphasized the need for additional funds to support the operational activities of the Central Election Commission (CEC) during the election process.
