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

S&P confirm Bulgaria's credit rating with stable outlook

Photo: library

The S&P Global Ratings have confirmed Bulgaria's long-term credit rating of 'BBB/A-2', the Bulgarian Ministry of Finance reports.

The medium-term economic consequences of the pandemic are manageable. Recovering domestic consumption and increased absorption of EU funds have been raising growth expectations.

Budget deficit will begin to shrink in 2022. Despite fiscal easing and rising public debt, net government debt remains low at up to 20% of GDP and state financing costs are at record lows. Inflation in Bulgaria will decrease in the second half of 2022, the analysis of the agency showed.




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

After data update, Bulgaria's GDP for 2023 has increased

In 2023, Bulgaria's GDP growth was 1.9% higher in real terms compared to 2022. This is 0.1 percent more than the initially announced growth of 1.8%, the National Statistical Institute has reported.  The chairman of the institute,..

published on 10/18/24 1:30 PM

Bulgaria and North Macedonia reaffirm their commitment to continue the construction of Railway Corridor No. 8

In Brussels, Bulgaria and North Macedonia reaffirmed their commitment to continue the construction of Railway Corridor No. 8 under the TEN-T Regulation, reported the European Commission’s Directorate General for Neighborhood Policy and Enlargement..

published on 10/17/24 8:40 AM
Caretaker Minister of Innovation and Growth Rosen Karadimov

A Taiwanese technology giant wants to build a factory near Plovdiv

A Taiwanese technology giant is negotiating to build a large production facility on the territory of the Trakia Economic Zone near Plovdiv, announced caretaker Minister of Innovation and Growth Rosen Karadimov. He was briefed with the progress of the..

published on 10/16/24 6:14 PM