New Chair of Bulgaria's Fiscal Council Elected

New Chair of Bulgaria's Fiscal Council Elected

Business

On Thursday, the Bulgarian Parliament elected Simeon Djankov as the new chair of the Fiscal Council, following a nomination by the GERB-UDF parliamentary group. Djankov secured 118 votes in favor, with 17 against and 12 abstentions, CE Report quotes BTA

With 30 years of experience in public finance, Djankov has worked at the World Bank, the Peterson Institute, and prestigious universities such as Harvard and the London School of Economics. He served as Bulgaria's Minister of Finance from 2009 to 2013 and as Chairman of the European Bank for Reconstruction and Development. Djankov has also advised international organizations and governments on public finance management.

Alongside Djankov, four other members were approved: Lyubomir Datsov, Desislava Kalcheva (both GERB-UDF), Bogomil Manov (BSP-United Left), and Atanas Atanassov (There Is Such a People). The candidate of the Democracy, Rights, and Freedoms, Erdoan Ahmedov, did not receive enough votes.

The newly elected chair and members took an oath before the National Assembly and will serve a six-year term.

Tags

Related articles

Sofia Tech Park Marks 10th Anniversary with Year-Long Campaign
Sofia Tech Park is celebrating its 10th anniversary in 2025 with a year-long campaign under the theme "Ten years of supporting innovation and entrepreneurship."
Russia Targets Moldova’s Economy Again, Blocking Transporters
Russia has imposed new restrictions on Moldovan carriers, preventing them from delivering goods to Russia.
Alexandroupolis LNG Terminal Set to Reopen in May
The Alexandroupolis LNG terminal is expected to resume operations in May after being closed due to technical issues in late January.
BICA Honors 2024 Business to the Rules Award Winners
The Bulgarian Industrial Capital Association (BICA) presented its 2024 Business to the Rules Awards in Sofia on Thursday, recognizing efforts to combat the informal economy.
Zhang Yiming Becomes Richest Person in China
Zhang Yiming, the founder of ByteDance and owner of TikTok, has become the richest person in China, according to the Bloomberg Billionaires Index.
State Budget Surplus Exceeds Expectations
The State Budget for January-February 2025 showed a primary balance surplus of 2.802 billion euros, surpassing the target of 2.029 billion euros and a surplus of 3.378 billion euros in the same period of 2024.
Energocom's Electricity Supply Obligation Extended Until 2025
The Moldovan cabinet has approved an extension of Energocom's public service obligation to ensure the security of electricity supply.