Bulgarian Economist Warns: Raising Taxes Won’t Solve Deficit, Efficiency Is Key
Finanțe și Bănci
Economist Dimitar Chobanov has stressed that Bulgaria should focus on adjusting public spending rather than raising taxes. Speaking to Bulgarian National Radio, the Expert Club for Economics and Politics member highlighted that while tax collection is important, the effectiveness of budgetary expenditures is equally crucial. He pointed out that Bulgaria is currently experiencing significant inefficiency in how the state spends, and simply increasing taxes would not resolve these structural
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