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IMF expects growth slowdown in Bulgaria

The International Monetary Fund is expecting a slowdown in economic growth in this country in the medium-term. The fund mission in Bulgaria, led by Reza Baqir raised the country’s economic growth forecast to 3 percent, yet in the mid-term a growth slowdown is to be expected down to 2.5 percent due to insufficient structural reforms. Reza Baqir called attention to the fact that it is more and more difficult for companies to find qualified staff, and also that enterprises are not evenly spread out across the country’s territory which hampers growth, while the grey economy remains problem number one.  



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