Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

IMF: Bulgaria delivered a robust economic performance in 2018

Photo: library

The concluding statement of the regular mission of the International Monetary Fund to Bulgaria, 25 January – 1 February, reads: “Bulgaria delivered a robust economic performance in 2018. Output is estimated to have grown by 3.2 percent in 2018, unemployment to have fallen to close to 5 percent, and the current account to have recorded another sizable surplus. Prospects for 2019 are for more of the same––we are projecting real GDP growth of 3.3 percent. However, the downside risks to this outlook have recently risen, owing to a sharper-than-anticipated slowdown in global trade and unsettled financial markets. Translating this positive momentum into faster per capita income convergence toward the advanced EU partners continues to be the key policy challenge. Deeper integration into the EU through the newly agreed ERM II preparation process will be helpful in this regard,” the concluding statement reads.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Boyko Borissov

GERB says it will only hold negotiations with the participation of party leaders on the formation of a cabinet

“ There will only be negotiations among party leaders if they are for the formation of a ruling majority and a regular government,” GERB party declared at a briefing after a meeting of GERB’s executive commission, in regard to a possible meeting..

published on 11/25/24 1:05 PM

Homeless people in Ruse to receive a free hot meal

For the 13th consecutive year, homeless people in the town of Ruse will receive a free hot meal during the winter months. The social kitchen of the Bulgarian Red Cross opens its doors again in the biggest Bulgarian city on the Danube River. It has a..

published on 11/25/24 12:02 PM

Ministry of Transport proposes the division of railway routes into three lots

Experts from the Ministry of Transport and Communications are proposing the division of Bulgarian State Railways (BDZ) into three lots. According to them, this is a first step toward a more efficient and modern railway transport system, reported..

published on 11/25/24 11:48 AM