Public Finances
Author:
Georgi Zhelyazkov
Fitch raised its forecast for Bulgaria's economy in 2025
The new estimate is for 3.1% for 2025
The new estimate is for 3.1% for 2025
Bulgaria's trade deficit continues to expand and for the first nine months of 2024, it reached 3.5 billion euros, or 3.5% of the estimated gross domestic product
Once a snowball gets rolling down a hill, there is no stopping it. This is a useful analogy for the situation with the growing expenses in the Bulgarian state budget
The Bulgarian National Statistical Institute (NSI) reported a slight increase of 0.1 points in the growth of the country’s gross domestic product for the second quarter
Bulgarian GDP growth accelerated slightly to 2% in the second quarter of the year, compared to the same period of 2023.