/ world today news/ Bulgarians will thank me for the changes in the Law on the Silver Fund.
This was stated in Darik’s “Week” by Finance Minister Simeon Dyankov. He was adamant that with the changes that will allow the investment of the money from the fund in government securities, he will turn it into a real Silver Fund, and not a fund created because of a request of the International Monetary Fund.
“It is still a principled idea. In time, people will thank me that I proposed it, that I defended it, that we managed to pass it in the parliament. So, she moves on. There is nothing to give up. This is a very basic idea. It says that there is a Silver Fund, which is for increasing the pensions of Bulgarian citizens over time. And the question is, does it currently work like this? No, it doesn’t work like that. When I asked my former employees of the previous minister Oresharksy why they did it, do you know what they told me? That the IMF came in 2007. and said they have concerns that Stanishev’s government is spending too much. They had to put money somewhere. They thought about where to put them. “Let’s put them in a separate fund, but we’re not going to call it a fiscal fund, because that seems like it’s just for the sake of finance.” Let’s call it for pensioners, because it looks social, it sounds good,” said Dyankov.
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