The World Bank has lowered its forecasts for the economic growth of the global economy and Bulgaria for this and next year. The assessment is part of the regular analysis of the international financial institution, published every 6 months - "Global Economic Prospects".
In 2025, Bulgaria's GDP is expected to grow by 2 percent, after registering a growth of 2.8% in 2024. Compared to expectations from January, the World Bank reduces its forecast by 0.8 percent.
For 2026, the Washington-based financial institution expects the Bulgarian economy to grow by 2.2 percent instead of the January forecast of 2.7%.
Editor: Ivo Ivanov
Publication in English: Alexander Markov
Photo: BGNES
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under amendments to the Road Traffic Act passed at second reading. The changes, reported by the state-run..
Last night, thousands of people gathered in front of the Palace of Justice in Sofia to protest, demanding an independent judiciary and expressing support for Blagomir Kotsev, the mayor of Varna who was arrested recently. Organised by 'Justice for All',..
The main challenge facing Bulgaria’s armed forces is how to translate political will and allocated resources into effective defence capabilities, President Rumen Radev said on Tuesday during a meeting with Admiral Giuseppe Cavo Dragone, Chairman of the..
Demonstrations in support of Varna Mayor Blagomir Kotsev are set to intensify on Tuesday evening, expanding beyond Bulgaria to four major European cities...
On Wednesday, the Council of Ministers adopted the Programme for the Support of Bulgarian Communities, Organisations and Media Abroad for 2025...
Bulgaria's parliament has approved new regulations for electric scooters, introducing mandatory registration and civil liability insurance under..
+359 2 9336 661