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

IMF recommends that Bulgaria adopt flexible policies because of the Covid-19 shock

Photo: EPA/BGNES

In 2020, the Bulgarian economy contracted by 4.6%. In 2021, it is set to rebound and grow by up to 3.6%, reads the conclusion of experts from the International Monetary Fund made within the traditional consultations. 

IMF recommends that Bulgaria adopt flexible policies to mitigate the shock of the coronavirus pandemic, which led to an increase of this country’s budget deficit. Meanwhile, Bulgaria should monitor the situation regarding non-performing loans. IMF calls on Bulgaria to continue the fight against corruption and improve the business environment.




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

Ombudsman reacts against stigmatisation in society

Any action that creates conditions for stigmatisation of a group of people, persecution, division and hatred in society is contrary to all the leading international human rights standards that the Republic of Bulgaria, as a country governed by the rule of..

published on 8/24/24 10:57 AM

Moody's: There are 9,581 Bulgarian companies with more than 40% Russian ownership

Bulgaria ranks second in the European Union in the number of companies with more than 40% Russian ownership, according to a survey by Moody's. The rating agency has identified 46,000 companies in the EU owned by Russian companies or individuals...

published on 8/24/24 9:44 AM

Renowned world names in MMA come to Bulgaria for BRAVE 86 competition

Burgas is hosting a glamorous gala, bringing together dozens of martial arts champions. On Saturday, 24 August, the prestigious MMA organization is holding a BRAVE 86 competition with some of the most prominent world names in MMA taking part...

published on 8/24/24 8:55 AM