FACTBOX-Economic plans of Bulgaria's main political parties

SOFIA, July 5 (Reuters) - Bulgaria held a parliamentary election on Sunday.

All key parties hope to maintain macroeconomic stability by preserving the currency board regime and the 1.95583 lev per euro peg, introduced after a financial meltdown in the mid-1990s.

Here are the key points of their economic programmes: GERB - revise the 2009 budget to cut spending and start immediate talks with the International Monetary Fund for an aid package - aim for balanced budgets - cut social insurance payments by up to 5 percentage points from 33.6 percent - work towards an accelerated entry to ERM-2 (european rate mechanism) - freeze projects for which no financing has been secured - invest in education

BULGARIAN SOCIALIST PARTY (BSP) - sees no need for IMF aid for now - maintain budget surpluses - raise average monthly pay to 485 euros from about 300 now - keep unemployment below 7.5 pct, create 100,000 new jobs - push ahead with major infrastructure projects - keep inflation down by freezing prices of state-regulated monopolies - aim for ERM-2 entry in 2010 MOVEMENT FOR RIGHTS AND FREEDOMS (MRF) - cut spending, avoid budget deficits - improve tax collection and tighten control of spending - improve EU aid absorption - keep current tax levels - cut social security payments once the crisis is over - allow for wage raises in line with productivity gains - boost infrastructure projects to keep unemployment low BLUE COALITION: - cut spending to 38 percent of GDP from 40 percent now - cut value added tax and social insurance contributions - adopt the euro by 2013 - invest in construction of highways - freeze the Belene nuclear power plant project, the South Stream gas pipeline and the Burgas-Alexandroupolis oil pipeline NATIONAL MOVEMENT FOR STABILITY AND PROGRESS (NMSP) - seek a precautionary agreement with the IMF - aim for a quick ERM-2 entry and eurozone entry by 2013 - cut spending to 35 percent of GDP - cut social security payments by 5 percentage points - cut VAT to 18 percent from 20 once the crisis is over For main story please double click on [ID:nL5588996] (Compiled by Tsvetelia Ilieva and Irina Ivanova)