03.06.2022

THE GOVERNMENT HAS SET MORE AMBITIOUS TARGETS FOR EMPLOYMENT AND POVERTY REDUCTION BY 2030

The Government adopted amendments to the Employment Strategy of the Republic of Bulgaria 2021-2030 and the National Strategy for Poverty Reduction and Promotion of Social Inclusion 2030. The update of both strategies is in line with the adopted more ambitious national goals in the field of employment and reduction of poverty and social exclusion.

The new goal in the Employment Strategy envisages an increase in the employment rate for the population aged 20-64 to 79% by 2030. Amendments to the National Strategy for Poverty Reduction and Promotion of Social Inclusion envisage the number of people by 2030 at risk of poverty or social exclusion to decrease by 787,000 people.

The updating of the national targets in both strategies is in line with the European Union's priorities in the field of employment and social inclusion. The national goals are related to increasing employment, reducing poverty and inequality, as well as improving the quality of life of people from vulnerable groups.