Despite the increase in fuel prices, the country is in a stable position and no shortage is expected. We have a refinery and enough resources - there can be no talk of a lack of fuel. Acting Minister of Economy and Industry Irina Shtonova assured Nova TV of this.
Irina Shtonova is categorical that no price ceilings will be introduced. "This is a measure that leads to deficits and ultimately harms the most vulnerable", she argued.
She pointed out that the government is working in a complicated international environment, which has a direct impact on the economy and prices in our country.
In her words, the most serious challenge is the combination of an external crisis and internal structural weaknesses such as the lack of an adopted budget, the administrative burden and slow decision-making, news.bg listed.
Stonova emphasized that the state is applying a "conservative and targeted approach" in supporting business. The first measures are aimed at the transport and agricultural sectors, which are most affected by the increase in the price of fuel and fertilizers. Among them are the rescheduling of lease payments, easier access to working capital loans with state guarantees and additional subsidization of public transport.
"The goal is to ensure liquidity in a time of crisis, without distributing funds without a clear direction", explained the relevant minister.
According to her, the situation is similar with fertilizers. According to Shtonova, Bulgaria has sufficient quantities and is even an exporter. She has spoken out against restricting exports, as this would harm the competitiveness of producers. At the same time, the institutions are monitoring possible speculative practices.
Irina Shtonova also commented on inflation, noting that part of the increase in prices is global. The state relies on increased control and monitoring of prices. "About 10% of the increases are assessed as unjustified and subject to verification", she specified.
As for the economic forecasts, Stonova indicated that she does not currently expect a severe crisis, but everything depends on the duration of the conflict in the Middle East. "There is price pressure, but if the situation calms down quickly, the economy can stabilize within months", she said.
The minister emphasized that limiting spending, rather than taking on new debt, remains key to financial stability. She called on the next National Assembly to focus on deficit reduction, reforms and more efficient administration, as well as on the implementation of commitments under the Recovery and Resilience Plan.