Republic of Bulgaria Ministry of Economy

Their main priority is to create the necessary conditions for stable economic growth in the Republic of Bulgaria and to carry out the country's economy in a lawful and advisable way. They set goals that lead to a more competitive economy with a high value-added and a better quality of life for the Bulgarian people. The foundations of the country's economic development are sustainable production, increased productivity and competitiveness, that is based on advanced technologies, innovation and modern industrial policies. They develop both traditional sectors and sectors with potential for future global growth in order to create sustainable industrial clusters. They create a less bureaucratic, investment-friendly environment, with simple and transparent procedures for business and effective management in the benefit of entrepreneurs. An Effective foreign economic cooperation is another essential part of the Ministry's policies aiming to support sustainable economic growth.