The International Monetary Fund - IMF expects average inflation in Bulgaria in 2022 to reach 12.2%. This is what the opinion of the Executive Board of the fund is. It is based on data of the institution's mission to Sofia.
Representatives of the fund visited Bulgaria in early April, but the approved opinion is based on developments until mid-June. The projected annual growth of GDP is 2.8 percent.
The fund's opinion states that the reduced VAT for some goods and services should be abolished but due to the high energy prices there should be some kind of financial support for households and businesses.
Bulgaria can meet the convergence criterion for price stability, needed for entering the Eurozone, in January 2025 and continue to meet it throughout the rest of the year, the Bulgarian National Bank (BNB) states in its macroeconomic outlook,..
"The state should buy Lukoil. Then it can look for partners if it wants. If it wants to operate it on its own, that’s fine too. Bulgarians should have cheap fuel", the leader of DPS-New Begining Delyan Peevski told journalists in parliament...
A few hours before being sworn in for the second time as President of the United States, Donald Trump shocked the international community with the news that he was launching his own cryptocurrency, called $TRUMP. A precedent that provoked many questions..
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