10th Jubilee Edition of The Youth Economic Forum

Goranov examined also the perspectives for development of national economy in the next year, the increase of investments and creation of a stable environment for sustainable management, the public expectations for anticipating income, the redistributive role of the state, the reserves in the budgeted income and change of tax system parameters. The greatest challenge to the economic team now is how to activate the factors of economic growth, pointed out Goranov. He also spoke about the establishment of a mechanism for pre-financing the implementation of projects before the receipt of funds from the European Commission. Now the main issue is not to obey to the fiscal economy but to do the contrary. We have to stimulate the internal investment, emphasized the Minister. He announced that there would be made efforts to observe the 3% deficit recorded in the Treaty on the Functioning of the European Union. “It means that we will strive to spend as much as we earn and we will not allow the current generation to live at the expense of the next one”, said the Minister.