Podcast in English
Bulgarian National Radio © 2022 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

Rumen Radev to visit Tirana for the EU-Western Balkans Summit

On December 6, Bulgarian Head of State Rumen Radev will visit Tirana , Albania, to take part in the EU-Western Balkans summit. The summit will focus on the strategic partnership and the development of political dialogue between the EU and the Western..

published on 12/6/22 6:15 AM

Great Britain, Germany and Spain are the top destinations for the migration of Bulgarians

More than 314,000 Bulgarians who stayed abroad in the period 1980-2021 for more than one year have returned to Bulgaria . This is shown by NSI data from the census in 2021.  The top 10 countries to which Bulgarians migrated are Great Britain,..

published on 12/5/22 7:35 PM

Mothers Against the War collect 5,000 signatures for peace talks

Representatives of the "Mothers Against the War" initiative submitted a petition to the National Assembly demanding that Bulgaria be the initiator of peace negotiations to stop the military actions in Ukraine, taking the lives of innocent citizens, and..

published on 12/5/22 7:05 PM