ПРОГРАМИ
en de ru fr es sr gr al tr ro
Podcast in English
Share
Text size
Bulgarian National Radio © 2025 All Rights Reserved

The BNB recommends a 10% buffer in the 2024 budget

Dimitar Radev
Photo: BTA

GDP growth in Bulgaria will be 1.9% in 2023, slowing to half the 3.9% rate in 2022. Domestic demand and net exports will contribute to growth. Annual inflation will be 6.1 per cent. These are the expectations of analysts at the Bulgarian National Bank (BNB), published in the latest issue of the quarterly "Macroeconomic Forecast". 

The November growth estimate has been revised upwards by 0.9 per cent compared to the previous analysis in June. GDP growth is expected to reach 2.7 per cent in 2024 and 3.6 per cent in 2025, with the November estimate revised downwards by 0.5 per cent from the June forecast. The pessimistic prognosis reflects the risks posed by global geopolitical conflicts and rising wage costs.

BNB governor Dimitar Radev recommended that the 2024 budget include a 10% buffer, which, if not spent during the year, would be spent in the last quarter of 2024.

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.
Radio Bulgaria Economy    2024 BNB buffer Bulgarian National Bank Dimitar Radev prognosis reccomendations

More from category

Bulgaria’s Minister of Finance Temenuzhka Petkova

The turnover of retail chains dropped by almost 29% on the day of the boycott

Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott compared to the previous day, reported BTA. Temenuzhka Petkova took part in the meeting on..

published on 2/15/25 2:22 PM

The average salary in Sofia is EUR 1732, according to NSI

The highest average salary in Bulgaria is in Sofia - 1732 euro, and the lowest in Smolyan - 826 euro. These are the data from the National Statistical Institute (NSI) for December 2024. Because of the salaries in the capital, the average salary in..

published on 2/14/25 2:48 PM

NSI: Annual inflation in Bulgaria at 3.7 per cent

Monthly inflation in the country was 2% in January and annual inflation was 3.7%. This is according to preliminary data from the National Statistical Institute (NSI). The biggest increases were in the prices of heating and utilities. According to the..

published on 2/14/25 2:06 PM

WEATHER
Pick city: Sofía
Rain / Snow
Min: 1 | Max: 4
Rain
Min: 4 | Max: 5
Rain / Snow
Min: 2 | Max: 2
Snow
Min: -2 | Max: -1
Wet snow
Min: -4 | Max: -2
Wet snow
Min: -3 | Max: 0
Wet snow
Min: -4 | Max: -1
Wet snow
Min: -2 | Max: -1
Wet snow
Min: 0 | Max: 2
Snow
Min: 1 | Max: 3
Wet snow
Min: -4 | Max: -1
Wet snow
Min: -4 | Max: -2
Rain / Snow
Min: 1 | Max: 4
Snow
Min: -3 | Max: -1
Wet snow
Min: -4 | Max: -1
Rain / Snow
Min: 1 | Max: 4
Wet snow
Min: -5 | Max: -3
Wet snow
Min: -3 | Max: -2
Wet snow
Min: -3 | Max: -1
Rain / Snow
Min: 1 | Max: 3
Wet snow
Min: -2 | Max: 0
Snow
Min: -3 | Max: -1
Rain / Snow
Min: 1 | Max: 4
Wet snow
Min: -4 | Max: -3
Wet snow
Min: 0 | Max: 2
Wet snow
Min: -3 | Max: -1
Rain / Snow
Min: 0 | Max: 3
BULGARIA IN PICTURES
Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?
Yasen Gyuzelev
Theodore Ushev
Christo Javacheff - Christo
Ilia Peikov
Lika Yanko

BULGARIANS ABROAD

Български English Русский Deutsch Српски Français Ελληνικά Español Shqip Türkçe Română
MOST VIEWED

The turnover of retail chains dropped by almost 29% on the day of the boycott

Bulgaria’s Minister of Finance Temenuzhka Petkova said that the turnover of large retail chains in Bulgaria decreased by 28.8% on the day of the boycott..

published on 2/15/25 2:22 PM

english@bnr.bg

+359 2 9336 661

Общи условия за използване на сайта | Политика за поверителност | Политика за "бисквитки"