The government has never tempted me and people who know me well know it. If there is a management challenge, it is that the BBR is a key structure within the Ministry of Innovation and Growth (MIR). MIR is the ministry that submits the bank's development strategy to the Council of Ministers. The 1.5-year attempt to explain that the bank is a unique market instrument of the state in making national policies remained misunderstood. This was stated by the Acting Minister of Innovation and Growth Rosen Karadimov in “More from the day” on BNT, quoted by novini.bg.
„We need to return to the bank's goals set out in the law. Now it is already possible to achieve this goal. The bank's old strategy expired 5 months ago. When such a strategy is formed, the bank can go to another level," he explained.
According to Karadimov, this is the state's market partner in making its major policies, such as the business sphere and the social sphere. “At the moment, one of the engines of the economic development of Bulgaria is the Military-Industrial Complex. However, it does not have banking services. It turns out that we have an engine of economic growth to which basic banking cannot be provided because the BBR is limited to the credit limit of 5 million. I want to state very clearly that the credit limit of the bank must to stay and he will stay. In the social sphere, for example hospitals, the state is forced to cover huge debts that hospitals have accumulated. Can the BBR buy the debts, pay the suppliers obligations, stop the interest for delay, take over the management and control of the debt?” explained the Minister of Innovation.
I see the role of the minister as being able to coordinate in a certain way all the tools so that certain goals are achieved that lead to increased productivity, innovation and higher technology. We have 220 million for the industrial parks. There are 20 submitted applications. This money will be enough for about 10 parks. The industrial park is a locomotive. It solves regional imbalances and solves the big investmentproblem. If we concentrate outside the European program and the national program for industrial parks and manage to accumulate funds to cover 20 industrial parks, and for the other 10 BDB provides low-interest loans or adds the state grant scheme with affordable interest loans – here is the accumulation of European money and the market mechanism with which the BBR can work", he explained.
"MIR manages the Investment Agency. This is the circle that gives birth to synergy. If we can put things in place that will lead to the construction of 35 such parks. Then MIR will have to build the infrastructure for this park. The big problem is coordination. Bulgaria should not just attract investments. For last year, foreign direct investments in our country amounted to 7 billion, Minister Karadimov pointed out.