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Vasil Velev: Let's produce more, not wait for the state to increase incomes

About 1,300,000 people will remain below the poverty line, the chairman of AIKB believes

Sep 18, 2024 00:42 60

Vasil Velev: Let's produce more, not wait for the state to increase incomes  - 1

The portfolio that Ekaterina received Zaharieva, is important, but this does not mean that Bulgaria will receive more money for innovations and startups than it deserves. More important is the general macro-framework in which it will work - of a continued decline in the share of the European economy in the world, of a continued lagging of the European Union from the leaders in the development of innovations, technologies and startups.

This is what AIKB Chairman Vasil Velev told NOVA NEWS.

He also commented on the new poverty line of BGN 638. Velev said that about 1,300,000 people will remain under it, which means one in five. “This is not good, but it is less than it was,”, the expert also said.

„Both the poverty line and the minimum wage are not quantities to which we should strive. We need to produce more, not expect the state to increase incomes by administratively increasing the MPR. The net minimum wage must be compared to the poverty line. The state increases the minimum wage and makes it so that low-skilled workers cannot make it. For this reason, foreign investors are closing and leaving the country, Velev said.

The expert commented on the postponement of the new formula for the calculation of the garbage fee. “The reaction of business is negative, because the postponement of the “polluter pays” results in the polluter continuing to pollute without paying because someone else is doing it. Business pays the majority without generating household waste, Velev explained. And he added that from next year there will be sanctions from the European Commission because of this.