The most toxic and irritating things in the revenue side have been removed, but the spending is the same. This shows that the ruling coalition, which we can call a kleptocracy, is preparing to go into opposition and surrender power. This was said on the air of "Hello, Bulgaria" financier Levon Hampartzumyan.
"We are talking about a pyramid of inefficient spending on public resources, which serve to feed the loyalty mechanism. Peevski and Borisov already have to pay to be loved, they do not have much charisma among the population. How nice it would be to have an opposition with control over the services and the judicial system. And someone will have to pull the chestnuts out of the fire. The second budget is just as imperfect as the first, if not more so. But if they don't accept it, there will be an extension law. A rational and political force must be gathered to create a better budget. Perhaps elections must be held to legitimize people with a long management horizon. The current cabinet will not serve a full term," the financier believes.
The budget - a second attempt: The government adopted the bills, submitted them to the National Assembly
According to him, systematic efforts are needed to improve the qualification and education of the workforce. "It would be good news to reduce spending in the budget. When you try to digitalize an analog system without adapting it, you hit a wall. The human-computer-inefficient human-computer scheme tears the process into small, inefficient pieces. An unoccupied position in the administration means that it is available, but the funds are used for bonuses for loyal employees," the expert explained.
According to him, reindustrialization, more reasonable management of resources and increasing the qualification of employees are necessary in Europe. "We need to have a highly educated and motivated workforce. This way we will be competitive with the best in the world. Judging by the car fleet of the wealthier people in our country, we are striving to catch up. Bulgarians have never been so rich, the question is how sustainable the growth in the economy is," Hampartzumyan commented.