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 Turkish Ambassador's Residence at 19

Bulgaria in solidarity with Türkiye after the devastating earthquakes

The Turkish Embassy in Sofia opens a book of condolences on February 8 and 9 . Through the Bulgarian Ministry of Foreign Affairs, the Turkish diplomatic mission announced that citizens and organizations will be able to express their condolences for..

published on 2/7/23 2:47 PM

Brussels closely monitors Bulgarian-Macedonian relations

The European Commission has refused to comment on the tensions between Bulgaria and North Macedonia since 4 February. However, officials told BNT that the Commission was closely monitoring the development of relations between the two countries and..

published on 2/7/23 2:01 PM

Publisher Manol Peykov raises 220,000 BGN aid for Turkey in one day

The sum of 220 thousand BGN to help the victims of the earthquake in Turkey has been raised in less than 24 hours by Plovdiv-based publisher Manol Peykov. Yesterday, he made an appeal on his Facebook profile for sympathy for those in distress...

published on 2/7/23 1:48 PM