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Labrish
Nyuuz
Datsov blasts rushed budget, warns of wobbly foundations
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[QUOTE="Munyaradzi Mafaro, post: 74543, member: 636"] Former finance guy Lyubomir Datsov called out the whole 10-day budget revision fantasy, pointing out that hundreds of staffers spend eight months crunching numbers for these things. He basically said the government wants to balance opposite economic and political priorities, which means the entire plan needs a total redo instead of quick patches. Datsov warned that pushing government spending from 38% to 46% of GDP will cause the whole structure to collapse under its own weight. Bulgaria's facing a revenue shortfall between 3.5 and 4.7 billion euros because projections got pumped up to match last year's numbers. The country needs massive overhauls across pensions, healthcare, and education rather than surface-level tweaks, but those changes take years to implement properly. [/QUOTE]
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Labrish
Nyuuz
Datsov blasts rushed budget, warns of wobbly foundations
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