At a meeting in Sofia with representatives of the World Bank, Bulgarian President Rumen Radev urged the international financial institution to support, with its expertise, Bulgaria’s efforts to transform its economy, so that the sectors with a high value added may serve as the drivers of growth.

In the words of the Bulgarian head of state, the country’s deepening demographic problems and the energy intensity of the Bulgarian economy call for seeking a qualitative change and developing the economic sectors which make use of advanced professional expertise and high technology production. The president pointed out further that Bulgaria could assert itself as a country with centres for logistical support and repair of civil aviation avionics. World Bank officials laid emphasis on Bulgaria’s role as a factor of stability, conducive to deepening regional integration in Southeastern Europe.