» » KRIB and the Standart daily with 13 steps toward economic growth

KRIB and the Standart daily with 13 steps toward economic growth

KRIB and the Standart daily with 13 steps toward economic growth

Cheaper power supply for the industry – this was the big success of the First National Debate of the “Yes to the Bulgarian economy” campaign, initiated by the Standart daily and KRIB. Prime Minister Boyko Borisov personally instructed the ministers of energy and economy - Temenuzhka Petkova and Bozhidar Lukarski - to restore the so-called " obligations to the public" component of the price of electricity for export. The aim is to create equal conditions for competition between Bulgarian companies and those in neighboring countries that buy cheaper electric power from Bulgaria.

The Bulgarian government made 13 commitments to the business sector on April 7, 2015. Then the Standart and KRIB brought together Prime Minister Boyko Borisov, five ministers, over 100 major industrialists, representatives of professional organizations and the media in Sofia Hall of Hotel Kempinski Marinella. Finance Minister Vladislav Goranov, Economy Minister Bozhidar Lukarski, Energy Minister Temenuzhka Petkova, Agriculture and Food Minister Desislava Taneva and Transport, Information Technology and Communications Minister Ivaylo Moskovski answered questions of the business in Bulgaria for almost 3 hours. This forum, the first of its kind, was aired live on TV Channel 3 and Radio K2.

The main objective of the “Yes to the Bulgarian economy” campaign is to adopt a state strategy in support of Bulgarian industry. This support is indispensable, as the industry has suffered a double blow from the financial crisis and the sanctions against Russia. The stability of the sector is essential for economic growth. Investments of industrialists in Bulgaria are a major step toward reducing unemployment in the country and creating a favorable climate for attracting new foreign capital. Successful policies, legislative changes and management decisions can be made only in the context of an open dialogue between business and government.

Campaign goals:

  • To promote quality products in Bulgaria as well as good manufacturing practices.
  • To encourage "patriotic" choice - to form lasting attitudes of Bulgarians to buy home products, because this way their money goes directly to increase the GDP, to create new jobs, and toward investments in Bulgaria.
  • To speak openly about the business problems in various sectors and help solve them by encouraging better coordination with the executive powers.
  • To show the prospects for Bulgarian exporters; institutions to enforce policies that actively promote export without neglecting dialogue with the industry

Commitments made by Boyko Borisov, Prime Minister of the Republic of Bulgaria:

  • Cheaper power supply for the industry.

The commitment has been fulfilled. The government of the Republic of Bulgaria started the necessary procedures.

  • New merciless attacks on contraband.
  • Strategy for the raw mining industry.

Commitments made by Теmenuzhka Petkova, Minister of Energy:

  • Reducing the “obligations to the public” fee, which factors in the electric power costs paid by the industry.
    The commitment has been realized. The government of the Republic of Bulgaria started the necessary procedures.

Commitments made by Vladislav Goranov, Minister of Finance:

  1. The Bulgarian Bank of Development allocated a credit line of EUR 300 million for innovations. The decision was made on April 7, 2015
  2. Consistent policy of EU minimum excise duty.
  3. Timely solution of the issue of state aid to farmers through reduced excise duty on agricultural fuels.

Commitments made by Ivaylo Moskovski, Minister of Transport, IT and Communications:

  • Working toward alleviating regulations on licenses for Turkey.
  • Moving up the deadline for all licenses from the second half to the first half of the year.

Commitments made by Desislava Taneva, Minister of Agriculture and Food:

  • Bulgarian dairy farmers will receive state aid for a dairy production expo in the US.
  • Speeding up access to the Chinese market.

Commitments made by Bozhidar Lukarski, Minister of Economy:

  • Industrial zones must be provided with access to power and gas supply networks.
  • Relocation of non-functional attaches to strategic sites.
  • Commercial offices as required by the industry.