The International Monetary Fund has raised its forecast for Bulgaria’s economic growth up to 3 percent this year and to 2.8 percent next year. This is said in its report for the global economic outlook. In April IMF expected Bulgaria’s GDP to grow by 2.3 percentboth in 2016 and 2017. The fund now predicts that Bulgaria will see deflation of 1.6 percent in consumer prices this year while its April forecast was at just 0.2 percent. The institution has predicted an acceleration of inflation to 0.6 percent next year. The forecast for the level of 2016 unemployment in the country has been reduced to 8.2 percent down from 8.6 percent as forecast in April. IMF expects that in 2017 unemployment will be down to 7.1 percent.
Filling the large number of vacancies in the armed forces and improving their social status and motivation is the main objective of the Governance Programme for the period 2025-2029 in the "Defence" sector . Other expected outcomes of this programme..
A third supermarket boycott has been announced for today. This time the organisers are calling not only for a halt to shopping in large stores, but also to banking transactions - withdrawals, deposits, transfers and payments. Boycotting chain stores..
The association "Made in Bulgaria – Union of Small and Medium Enterprises" will hold its 31st Golden Martenitsa Award Ceremony this evening at 6:00 pm. President Rumen Radev is also expected to attend the event. The "Golden Martenitsa" award was..
Hristo Stoichkov has been appointed the Sports Tourism Ambassador for the World Tourism Organization (UN Tourism). This became clear at an official..
The common will and economic potential of the two countries are important prerequisites for the upward development of bilateral relations, said President..
Increasing energy connectivity between countries in the region of Southeast Europe will reduce electricity prices, increase competitiveness and security..
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