Bulgarian Prime Minister Rumen Radev has announced increased government oversight of all ministerial and municipal spending. The new monitoring system, named SIGMA, was presented yesterday and will undergo continuous upgrades. This move signals a heightened focus on fiscal responsibility and accountability within the government. Radev’s warning was delivered before a cabinet meeting, indicating the immediate implementation of the new controls. SIGMA is intended to provide a comprehensive view of public expenditures. The Prime Minister did not detail specific concerns prompting the increased scrutiny, but emphasized all spending will be continuously monitored. This initiative aims to improve transparency and efficiency in the use of public funds.
