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

At the backdrop of rising inflation, the state takes new loan

Photo: library

In October 2021, the annual inflation in Bulgaria reached 6%, while the monthly inflation reached 1.8 percent in comparison to September, according to the National Statistical Institute. In August the annual inflation was 3.7%.

At the same time, on the day after the election, the caretaker government offered to sell another 250m euros in new domestic debt in the form of government securities. For the first time this year, the Ministry of Finance is offering securities with a maturity of 3.5 years, after it became clear in recent months that 5 and 10.5-year securities were becoming more expensive. The new debt since the beginning of the year has reached 1.4 billion euros with a limit of 2.25 billion euros set in the state budget.



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

The Vienna Economic Forum - Sofia Meeting 2024

Caretaker PM Dimitar Glavchev with an address to the Vienna Economic Forum - Sofia Meeting

“We are a guarantee of stability in the region,” caretaker Prime Minister Dimitar Glavchev states in an address to the Vienna Economic Forum - Sofia Meeting, 2024, the Bulgarian news agency BTA reports. Sofia is hosting the meeting of the..

published on 4/22/24 10:24 AM
Adrian Nikolov

Salaries in industry will catch up with the pay in the IT sector

In 2023, the share of young people aged up to 29 neither in employment nor in education, stands at 13.8%, as compared to 15.1% a year earlier. Compared to the other EU countries, this percentage remains high. 1/7 th of the young people who are..

published on 4/19/24 10:32 AM
Dimitar Radev

Dimitar Radev: Joining the Eurozone later in 2025 is a possible scenario

Joining the Eurozone later in 2025 is a possible scenario, and at this stage, it is a more likely one, Bulgarian National Bank Governor Dimitar Radev said for BTA in Washington during the Spring Meetings of the World Bank Group and the International..

published on 4/18/24 10:27 AM