One year after it started its term in office Bulgaria’s ruling coalition lacked significant achievements in income increase policies, analysis of the Institute for Market Economy (IME) shows.

The current Cabinet inherited one of the lowest GDP growth rates, compared to the percentages in other East European countries, the report said.

Decreasing taxation and social securities through social aid reforms could change the percentage, mediapool.bg reported based on analysis conclusions.

IME analyses regulations, administrative freedom and income policies in its report.

According to economists the number of permanent National Assembly committees has increased, resulting in higher expenditure.

A number of draft regulations and laws was not presented to the general audience and motivation was often lacking as well, the report said. Institutions also failed to work on preliminary assessment of the suggested reforms, mediapool.bg reported.

According to the report Cabinet work lacked transparency and the number of administrators employed was unnecessarily high.