Economic opportunities and a better quality of life are the priorities in the 2021 budget, which is the record 112.8 million leva. The 2021 budget of Veliko Tarnovo focuses on the recovery after COVID-19, a better quality of life, investments in infrastructure and ecology. Education and culture are also amongst the top priorities.
Some of the streets in the centre and the wide centre of Veliko Tarnovo will become one-way and the speed limit will be 30 km. This reduction of traffic aims to both increase the safety on the streets and to create new parking spots. This is indicated by the new plan for the organisation of the traffic in the old capital, which is being introduced by order of Mayor Daniel Panov this year.
The Municipality of Veliko Tarnovo will be replacing the water supply and sewage pipes on 20 of the old streets around the Samovodska Charshia and the main tourist routes. The project is divided into three stages and has a total value of 1.6 million leva. What is more, money has been provided for the restoration of the authentic stone pavements in the Varusha neighbourhood. Some of them have been laid more than a century ago.
The Municipality of Veliko Tarnovo has announced the start of the procedures for the selection of a contractor for the complete renovation of the main Bulgaria Street. New traffic organization, new traffic lights with special systems for bus priority and new bus stops with information boards powered by solar energy are envisioned. Besides these renovations, the Municipality of Veliko Tarnovo is also planning the construction of two roundabouts. The renovations and constructions should start in early 2020 and are expected to be completed by summer.
