Podcast in English
Text size
Bulgarian National Radio © 2023 All Rights Reserved

BNB revises upwards its forecasts about Bulgaria’s economy

Photo: library

In 2019 Bulgaria’s gross domestic product will grow with 3.7%, up from 3.1% in 2018, the Bulgarian National bank forecasts in its economic review about the second trimester of 2019. In its economic analysis about the first quarter of 2019 BNB was forecasting that the increase of the country’s GDP will be similar to last year’s growth, but later it revised upwards its forecast due to higher employment, increased wages, low interest rates on bank loans, which will continue to support private consumption. The higher investment activity and government spending will also support local demand, the Bulgarian National Bank further notes. 


Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

The European Commission is suing Bulgaria over unannounced renewable energy measures

The European Commission has announced that it is bringing claims against Bulgaria and Slovakia before the Court of Justice of the EU for the imposition of fines because they have not introduced into their national legislation the European rules for..

published on 1/26/23 2:10 PM

Grain producers want EU to intervene on the market over Ukraine

“The Solidarity Lanes helping Ukraine export its farming produce have turned Bulgaria into a buffer warehouse. The grain along these lanes is not being exported, it is glutting the domestic market and is putting pressure on local producers,” the..

published on 1/26/23 12:32 PM
The Bulgarian embassy in Skopje

The Bulgarian ambassador will not be returning to Skopje any time soon, Foreign Minister Nikolay Milkov says

After Macedonian Bulgarian Hristiyan Pendikov was beaten up in North Macedonia , there was shock and admissions at various levels that it was a hate crime. Then the stories started to circulate that Pendikov is a drug addict and dealer, that the..

published on 1/26/23 10:15 AM