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Convergence Program for the period 2021-2023 with important economic data for this period. The document was adopted last week by the Council of Ministers, but has not yet been uploaded on the Finance Ministry's website.  It is only available on the European Commission's website. It is important to recall that the Convergence Program is a strategic document presenting the main elements of the national fiscal policy in the medium term. According to the Convergence Program, the decline in investment will continue in 2021, but at a slower pace. Private investment is the component that will rec...

deficit of BGN 4.9 billion planned in the State Budget Act, at the end of 2021 the treasury will be in the red by nearly BGN 7 billion, or 5.6% of GDP.  This is written in the Convergence Program of Bulgaria for the period 2021-2023. The document was adopted last week by the Council of Ministers, but has not yet been uploaded on the Finance Ministry's website.  It is only available on the European Commission's website. It is important to recall that the Convergence Program is a strategic document presenting the main elements of the national fiscal policy in the medium term.  The progra...

The Government adopted the Memorandum on the Convergence Program of Romania for the period 2021 – 2024, which is to be sent to the European Commission for the coordination of economic and budgetary policies within the Union, as part of the European Semester. At the same time, the measures included in it respond to the country-specific recommendations for Romania. The adopted program presents the trajectory and the necessary measures for consolidating public finances in a sustainable and balanced manner, which does not affect Romania’s ability to support the economy and promote investment,...

SunStar + February 25, 2021 ECO-TOURISM enthusiasts will soon be able to easily access Ditabuyan Falls in Barangay Cadaclan, Pantabangan, Nueva Ecija as the Department of Public Works and Highways (DPWH) Nueva Ecija 1st District Engineering Office is set to complete the third phase of the access road to the eco-tourism destination. The DPWH, in a post on its regional social media page, said the project is expected to finish in March 2021. District Engineer Gerardo T. de Guzman said the 2.809-lane kilometer road will provide better access for those visiting this emerging tourist d...

  The signatories of the Joint Memorandum Circular include Cabinet Secretary Karlo Alexei B. Nograles, DSWD Secretary Rolando Joselito D. Bautista, DAR Secretary John R. Castriciones, DA Secretary William D. Dar, DILG Secretary Eduardo M. Año, DepEd Secretary Leonor M. Briones,  DOH Secretary Francisco T. Duque III, DOST Secretary Fortunato T. Dela Peña, DTI Secretary Ramon M. Lopez, TESDA Secretary Isidro S. Lapeña, NAPC Secretary Noel K. Felongco, DICT Secretary Gregorio B. Honasan II, Landbank President/CEO Cecilia C. Borromeo, DBP President/CEO Emmanuel G. Herbosa, Commission on Popu...