Bulgaria Launches AI-Powered System to Monitor Public Finances and Combat Corruption

Bulgaria has launched SIGMA, a new system designed to bring unprecedented transparency to public finances through integrated civil monitoring and analysis. Prime Minister Rumen Radev announced the initiative, highlighting its potential to revolutionize how public funds are managed and scrutinized. The system leverages artificial intelligence to identify potential irregularities, such as favoritism towards certain companies and inflated pricing in public procurement contracts. Initially, SIGMA will focus on analyzing procurement processes at Sofia University, a move that signals a commitment to tackling issues within prominent public institutions. The stated goal is to foster genuine transparency in public finances, moving away from opaque practices and towards accountability. By employing AI, the system aims to provide citizens and oversight bodies with clear, data-driven insights into government spending, empowering them to hold institutions accountable. This initiative represents a significant step towards ensuring that public money is used efficiently and equitably.