Podcast in English
Text size
Bulgarian National Radio © 2024 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. 




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

National Assembly Speaker Kiselova promises that the 2025 Budget would be adopted in a short time

At a meeting with caretaker Premier Dimitar Glavchev, National Assembly Speaker Natalia Kiselova reaffirmed her intention that the state budget for 2025 be adopted as soon as possible. Before that, however, the parliamentary committees are to..

published on 12/10/24 2:21 PM
Consultations with GERB/SDS

President Radev begins consultations on the formation of a government

The formation of a majority is a pretty challenging task in a highly fragmented parliament. I am glad that parliament is starting its work in substance, said President Rumen Radev at the beginning of his meeting with representatives of GERB/SDS at..

published on 12/10/24 1:36 PM

Ponzi scheme scams Bulgarian investors out of millions

More than 20 reports have so far been submitted to the police connected with a Ponzi scheme - BETL - after it stopped paying out dividends. Collective action cannot, as yet, be taken as the relevant services have to establish who is behind..

published on 12/10/24 12:53 PM