Borissov boasts of a higher credit rating, a huge blow to his opponents



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Prime Minister Boyko Borissov inspects road repairs in the Rhodopes, not forgetting praised the increase in credit rating of Bulgaria from Moody’s. The prime minister commented on the statements of the opposition and protesters while reading the agency’s report with the finance minister.

Bulgaria is better again. How can we please our opposition? I can’t understand, “Borissov said.

Moody

Moody’s upgraded Bulgaria’s credit rating to Baa1

Evaluation by an international agency

Meanwhile, he wrote the following on his Facebook account: “Bulgaria’s improved credit rating is our response to criticism. Moody’s is an extremely authoritative international rating agency. Are you wrong in your assessment that we are making important progress in joining the euro zonethat we have committed successful reformsthat we have a solid monetary and macroeconomic policy? Obviously we have not ruined the state or ruined economic policy. On the contrary. Another positive assessment from international experts refutes the theses of our opponents! “

In another Facebook post, the Prime Minister commented that Bulgaria’s stable outlook in the report reflects Moody’s expectation that the country’s fiscal strength indicators will remain stable in an unfavorable scenario above the average for other countries in this category. credit (Baa1). According to the international agency, Bulgaria will maintain the prudent fiscal policy maintained for more than 20 years with a balanced government budget.

“All this is not said by the government, but by Moody’s world experts. This evaluation is a great blow to our opponents.. I leave it to them compromise and malice. We have a lot of work to do. The budget procedure starts. In addition to employment support measures such as 60/40, child benefits and increased pensions, our project will focus on small towns, ”said the Prime Minister.

On the occasion of the road repair in the Rhodopes, he said that residents of the Plovdiv and Smolyan region have been waiting for decades for the construction of the road from the village of Belitsa (Lucky municipality) to the Zagrazhden village (municipality of Banite). The new section would save drivers hours and 40 km in the direction of travel from Plovdiv to Banite.

“The road has never been paved, but if it was easy those who preceded us should have done it. Rocks are currently being cleared and the road is being widened. Like any mountain section, this one will be secured with railings, “said Borissov.



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