Donations in Bulgaria Hit Record Low in 2013

Society | October 1, 2014, Wednesday // 12:57| Views: | Comments: 0
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Bulgaria: Donations in Bulgaria Hit Record Low in 2013 File photo.

Record decline in donations in the country in 2013 was reported by the Bulgarian Donors' Forum.

For the first time in seven years the value of donations dropped by 22% compared to the previous year. This is mainly due to the decrease in donations from companies and the withdrawal of some foreign donors, explained the director of the organization Krasimira Velichkova.

Meanwhile, individual donations have increased by 17%, as people have donated nearly BGN 6M last year, Darik news reports.

Only 1.7% of individual donations in 2013 were in support of political parties, reported by the Bulgarian Donors' Forum.

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