Poverty line in Bulgaria in 2019 will be 348 BGN
The poverty line in Bulgaria in 2019 will be 348 BGN, the government decided on 15th of August. The amount is by 27 BGN higher than in 2018.
The poverty line in Bulgaria in 2019 will be 348 BGN, the government decided on 15th of August. The amount is by 27 BGN higher than in 2018.
The size is determined on the basis of the Methodology approved by the Council of Ministers in 2006. The indicator is calculated according to data in the survey "Household Budget Surveys in the Republic of Bulgaria", which is conducted annually by the National Statistical Institute.
The poverty line is used as a reference value in the formation of social policy in the area of income and living standards of the population, the Council of Ministers said.
