OECD recommends reforms in five areas in Bulgaria

The Organisation for Economic Co-operation and Development, which Bulgaria hopes to join next year, recommends reforms in five areas in the country – education, labour market with an emphasis on workforce skills, competition, corruption, and energy.

Improving the quality of education and wider participation of older people in educational and training programs is one of the measures expected from the country. Reducing regulatory barriers to competition and combating corruption, accompanied by better efficiency of the justice system, would stimulate investment flows to Bulgaria and increase productivity through a more efficient allocation of resources, the Foundations for Growth and Competitiveness 2026 reports states, quoted by BTA.
It also states that the transition from coal-fired electricity generation, but not at the expense of energy security, will encourage investments in renewable energy and related infrastructure.

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Editor: Diana Tsankova