Last news in Fakti

The government decided: The poverty line for next year will be BGN 638.

Its value will increase by BGN 112, or by 21.3% compared to 2024, the Council of Ministers announced

Sep 27, 2024 16:03 96

The government decided: The poverty line for next year will be BGN 638.  - 1

The poverty line will be BGN 638 in 2025, the government decided. Its value will increase by BGN 112, or by 21.3% compared to 2024, the Council of Ministers announced.

The new size of the poverty line will have a beneficial impact on the vulnerable and the lowest income groups of the population.

As it increases, value-linked social benefits and financial support paid under the Social Assistance Act, the Disability Act and the Child Protection Act will increase.

Raising the poverty line will also improve social protection for vulnerable groups, as more people and families in need will receive state support.