Debt securities worth 150 million euro are to be offered on the domestic market, the Bulgarian National bank has announced.
The securities have a maturity of 10.5 years. This will be the first emission during the term of office of the new caretaker Minister of Finance Valeri Belchev. So far, Bulgaria has issued a new 500-million-euro internal debt for 2021, the restriction being 2.2 billion euro.
At the beginning of August, and at the end of the term of office of the previous Finance Minister Assen Vassilev, a new 100-million-euro debt was assumed in 5-year bonds. Their yield was negative.
After the election for parliament on 27 October, the caretaker government has to submit a draft of a budget for 2025 to parliament by the end of the month. Some economic analysts say the budget of the country for 2024 is the worst in the past decade. Holes..
Bulgaria's economy will grow by 2.3 per cent this year. This is according to the latest World Economic Outlook prepared by the International Monetary Fund and presented today in Washington. This is down from the Fund's April estimate, which predicted that..
In 2023, the government budget deficit was 2% of GDP or €1.9 billion. This is indicated by the final data of the National Statistical Institute. This is a significant narrowing of the budget deficit compared to the previous 3 years...
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