SOFIA DEVELOPMENT ASSOCIATION was founded as non-profit organization with the decision 348
of the Sofia Municipal Council to work for the sustainable development of the capital.

Economy Students Discuss Sofia Budget

For a second year in a row Sofia municipality draft budget was presented to students and professors with the Faculty of Economics and Business Administration, Sofia University, yesterday, January 18. The public discussion was organized by Sofia Development Association and the Faculty. Doncho Barbalov, deputy mayor on budget and finance, presented the municipal draft budget. Students and professors with the majors “Economics and Finance”, “Business Administration”, “Strategic management” and “Innovation Management in the Business Sector” took part with own analysis, questions, opinions and suggestions. Moderator of the meeting was Svetlana Lomeva, Sofia Development Association Director

“This is a most useful exercise for our students – to analyze real data provided by Sofia Municipality; moreover in a moment when their ideas could indeed affect the city finances”, said the Dean Teodor Sedlarski.

Greatest interest aong the future experts in business administration stirred the areas of transport, economic analyses of capital investments, the newly introduced program budgeting and the green policies of Sofia Municipality.

“For us as city administration it is important not only to discuss the budget publicly with you as professionals with interest in public finances but also to contribute to the qualification of the next generation of experts who will draft and execute the municipal budget a few years from now”, stated Doncho Barbalov.

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