Text size

Bulgaria can become part of the Eurozone in 2025, says IMF's Jean-Francois Dauphin

published on 3/19/24 4:32 PM

Jean-François Dauphin, head of the IMF mission

Photo: BTA

The head of the regular mission of the International Monetary Fund in Bulgaria, Jean-Francois Dauphin, has presented the results of the review of the Bulgarian economy and financial system. The fund's mission began on March 6 and ends today.

"Bulgaria's accession to the Eurozone in 2025 is realistic," said Dauphin. According to him, joining the euro will reduce some of the risks facing the Bulgarian economy. The fund's regular mission expects the Bulgarian economy to grow by 2.7% this year and inflation to be 3.5%.

Among the fund's long-term recommendations is the abolition of the maximum insurance threshold and the introduction of a progressive income tax scale.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy Eurozone IMF International Monetary Fund Jean-François Dauphin

More from category

Bulgaria and Argentina take new steps in their trade cooperation

Bilateral relations between Bulgaria and Argentina have received a new impetus for development following the visit of an Argentine delegation from the Chaco province to Bulgaria at the beginning of November . High-ranking officials from the..

published on 11/5/24 11:49 AM

Employers want the Supreme Administrative Court to freeze the minimum wage

Employers are contesting the rise of the minimum wage. The Bulgarian Industrial Capital Association announced that they filed a complaint in the Supreme Administrative Court. About 430,000 people in the country work for minimum wage...

published on 11/5/24 11:41 AM

Jesus Caballero grabs Manager of the Year Award for 2024

If the political crisis continues, the lost benefits will reach a threshold after which the Bulgarian business will begin to lose competitiveness due to growing deficits in education, healthcare, infrastructure, regional development and demographics...

published on 11/5/24 9:54 AM

WEATHER

Pick city: Sofía

Mostly Cloudy
Min: -4 | Max: 16

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

Financial Supervision Commission: The assets of private pension funds have reached EUR 13 billion

The assets of private pension funds have reached EUR 13 billion. According to data from the Financial Supervision Commission, they have increased by..

published on 11/21/24 5:30 PM

Share