On March 14, the Bulgarian National Bank (BNB) is holding the first auction in 2022 for the sale of government bonds with a maturity of 3.5 years. The state loan totals EUR 250 million.
In November 2021, BNB held an auction for the sale of government bonds with a maturity of 3.5 years and an annual interest rate of 0.13%. According to the 2022 state budget, Bulgaria can issue government bonds to the tune of EUR 3.6 billion. Bulgaria will use the money from the new loan to pay off old debts and make investments in infrastructure projects.
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...
Partly Cloudy
Mostly Cloudy