Government set the poverty line for 2024 to become BGN 526

The Council of Ministers set the poverty line for 2024 at BGN 526, Labour and Social Policy Minister, Ivanka Shalapatova, said after the government adopted the decision at its weekly meeting on November 1.

The decision provides for the new poverty line to increase by 22 BGN or 4.4%.

With the increase in the poverty line for 2024, the social assistance under the Social Assistance Act, the financial support under the Persons with Disabilities Act, the financial support and funds for prevention and reintegration, the raising of a child with relatives and close ones, as well as the raising of a child in a foster family under the Child Protection Act will also increase, the minister explained.

Shalapatova pointed out that in implementation of today's government decision, the scope of people receiving old-age pension will be expanded.

The higher poverty line will also increase social support for vulnerable groups, as a greater number of people and families in need will receive support from the state, the social minister said.