IMF PROJECTS 1,6% GROWTH OF THE BULGARIAN ECONOMY
The International Monetary Fund (IMF) has projected 1,6% growth of the Bulgarian economy for 2014 and 2,5% for the next year. The data is published in the IMF’s a survey on the global economy’s perspectives: ‘World Economic Outlook – Recovery...
The International Monetary Fund (IMF) has projected 1,6% growth of the Bulgarian economy for 2014 and 2,5% for the next year. The data is published in the IMF’s a survey on the global economy’s perspectives: ‘World Economic Outlook – Recovery Strengthens, Remains Uneven’.
IMF forecasts a slight reduction in consumer prices, but increase in 2015. The experts consider that the unemployment rate in Bulgaria will drop by half percent and this trend will remain in the future.
The instability in the euro area, the policy of tighter domestic financial conditions, the increasing fluctuations of financial markets and the increased geopolitical risks related to the crisis in Ukraine create significant risks for decline of the economic growth, the survey indicates. The financial experts were more optimistic before the crisis in Ukraine.
The survey is available here: