The World Bank has lowered its growth forecast for Bulgaria's economy for 2025 and 2026, citing the global GDP slowdown.
Delia Niculescu
.webp)
International
foto:shutterstock
Always see our news on Google
The World Bank has worsened its growth forecast for Bulgaria's economy for 2025 and 2026, citing the global GDP slowdown. It now forecasts growth of 1.6% in 2023 and 2.1% in 2024, compared with previous estimates of 2.8% and 2.7%. Other institutions, such as the IMF and the Bulgarian National Bank, have more optimistic forecasts, anticipating growth of 2.5% and 2.8%. The World Bank points to structural problems in the Bulgarian economy, including low investment and weak labor productivity. It also expects an overall slowdown, averaging 2.3% between 2025-2026.
Sources
Latest News
21:26
Daniil Medvedev disqualified in Beijing / Novak Djokovic reaches the final after a ball hit a spectator
21:09
Shivon Zilis announced her sudden breakup with Elon Musk after the billionaire had told her he loved her
21:04
Luca Niculescu was appointed prime minister by Nicușor Dan
20:39
Ciprian Ciucu and India’s ambassador discuss twinning Bucharest with Agra, the city of the Taj Mahal
20:37
The Charles-de-Gaulle caught fire during maintenance work at the naval base in Toulon
See more news
NEWS ON THE SAME TOPICS
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
