Minister Nikolov: Bulgaria Aims to Provide Access to the Labor Market and Integrate Vulnerable Groups into the Economy

Bulgaria seeks to provide access to the labor market and integrate vulnerable groups into the economy. Both state and private enterprises in Bulgaria need this. The Minister of Economy and Industry, Dr. Petko Nikolov, said this during his speech at a forum titled "How Do Forcibly Displaced People Contribute to Their Host Country?"

The event's focus was on the socio-economic inclusion of refugees in Bulgaria. Minister Nikolov pointed out data from the Employment Agency, which indicates that Bulgarian businesses will require nearly 262,000 workers and specialists over the next 12 months. "Furthermore, the latest figures from the National Statistical Institute, also from October, show that the labor shortage in the industry for 2024 remains above 30%," Dr. Petko Nikolov added.

The Minister of Economy stressed that there could be more involvement from the private sector in this process. "Our policy is strong and consistent because it aligns with the stance and policy of the entire democratic world," he added.

"This path would be challenging for any economy, but with the involvement of various stakeholders-state institutions, businesses, and employers-it can be established if it doesn't already exist and expanded where opportunities arise," the Minister of Economy added. He also highlighted the need for a national document to help Bulgaria focus more closely on economic integration.

In the opinion of the Minister, the necessary profiles include specialization in high-tech manufacturing, knowledge-intensive services, and "green" skills. He noted that as the economy evolves, more jobs will become available for the population of Bulgarian nationals and residents. Conversely, as the Bulgarian population advances, more opportunities will arise.

The forum held at the Royal Palace "Vrana" was organized by PanEurope Bulgaria, the United Nations High Commissioner for Refugees (UNHCR) in Bulgaria, and the Liberal Institute for Political Analyses (LIPA).

The forum featured discussions on refugees' experiences with their host communities, where participants shared personal stories of achievement, resilience, and positive contributions to community development. The event was also attended by Simeon Saxe-Coburg-Gotha, Seda Kuzucu, the United Nations High Commissioner for Refugees Representative in Bulgaria, and representatives of various institutions and businesses.