{"id":9880,"date":"2018-01-11T15:09:19","date_gmt":"2018-01-11T13:09:19","guid":{"rendered":"http:\/\/investsofia.com\/en\/?p=9880"},"modified":"2018-01-11T15:11:45","modified_gmt":"2018-01-11T13:11:45","slug":"sofia-municipality-projects-planned-in-budget-2018-amounting-to-nearly-bgn-1-5-bln","status":"publish","type":"post","link":"https:\/\/investsofia.com\/en\/sofia-municipality-projects-planned-in-budget-2018-amounting-to-nearly-bgn-1-5-bln\/","title":{"rendered":"Sofia Municipality Projects Planned in Budget 2018, Amounting to Nearly BGN 1.5 Bln"},"content":{"rendered":"<p>&nbsp;<\/p>\n<p><span style=\"font-weight: 400;\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-6145 alignleft\" src=\"http:\/\/investsofia.com\/wp-content\/uploads\/2017\/04\/SofiaBB500_300SmallImage.jpg\" alt=\"Sofia-taring-BB-stable\" width=\"363\" height=\"218\" srcset=\"https:\/\/investsofia.com\/wp-content\/uploads\/2017\/04\/SofiaBB500_300SmallImage.jpg 500w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/04\/SofiaBB500_300SmallImage-300x180.jpg 300w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/04\/SofiaBB500_300SmallImage-243x146.jpg 243w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/04\/SofiaBB500_300SmallImage-50x30.jpg 50w, https:\/\/investsofia.com\/wp-content\/uploads\/2017\/04\/SofiaBB500_300SmallImage-125x75.jpg 125w\" sizes=\"auto, (max-width: 363px) 100vw, 363px\" \/>The 2018 budget of Sofia Municipality is BGN 1 433 billion, exceeding last year\u2019s budget by almost BGN 105 million. The increase is possible due to economic growth of the capital (40% of the country\u2019s GDP) and the improved taxes and fees revenue collection in recent years. In 2018 Sofia municipality expects revenues to reach BGN 654 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sofia municipality\u2019s main projects and priorities in the budget for 2018 are:<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400;\"> the third metro line is the largest project in terms of construction &#8211; about BGN 300 million, BGN 16 million thereof being from the municipal budget. The remaining funds will be provided under European programs<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> repair works of \u201cGraf Ignatiev\u201d str., including reconstruction of the tram route in accordance with new technology and &#8220;Slaveikov&#8221; square in the second half of the year. The repair works will total BGN 13 million.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> repair works of other main streets and boulevards in the city (including Skobelev blvd., Todor Kableshkov blvd., the first stage of the construction of the eastern tangent from Botevgradsko shose blvd., etc.). The repairs will amount to over BGN 100 million.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> construction of new, as well as major repairs and energy efficiency of existing kindergartens and schools in the amount of over BGN 32 million.<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> renovation of Sofia\u2019s West Park, amounting to BGN 8.5 million and another BGN 11 million for the green system of the city<\/span><\/li>\n<li><span style=\"font-weight: 400;\"> Sports facilities and initiatives on the occasion of the event Sofia &#8211; European Capital of Sport 2018, in the amount of BGN 1 million.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\">The priority projects of Sofia municipality also include competitions for adaptation in urban environment and renovation of Sveta Nedelya square, the area around the National Palace of Culture, where the 1300 years of Bulgaria monument was situated, and Zone 3 of the central city district. Funds for the renovation of other parts of Sofia Zoo are also planned.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The amount of the investment program is nearly BGN 384 million, mainly from projects prepared and approved by the municipality for European funding.<\/span><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The 2018 budget of Sofia Municipality is BGN 1 433 billion, exceeding last year\u2019s budget by almost [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":6146,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[169],"tags":[],"class_list":["post-9880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-newsletter-en"],"_links":{"self":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/9880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/comments?post=9880"}],"version-history":[{"count":0,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/posts\/9880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media\/6146"}],"wp:attachment":[{"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/media?parent=9880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/categories?post=9880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/investsofia.com\/en\/wp-json\/wp\/v2\/tags?post=9880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}