Macroeconomic analysis for the needs for preparation of the budget of Sofia Municipality for 2021
The preparation of the budget of Sofia Municipality for 2021 will be a challenge for several reasons. In the first place is the lack of a developed macroeconomic framework for 2021 at the national level. In second place is the uncertainty surrounding the implementation of the 2020 budget and the possible need for a second update at the end of the year. Thirdly, it is due to the ambiguity of the development of the pandemic and the danger of a new series of quarantine measures on economic life.