The International Monetary Fund - IMF expects average inflation in Bulgaria in 2022 to reach 12.2%. This is what the opinion of the Executive Board of the fund is. It is based on data of the institution's mission to Sofia.
Representatives of the fund visited Bulgaria in early April, but the approved opinion is based on developments until mid-June. The projected annual growth of GDP is 2.8 percent.
The fund's opinion states that the reduced VAT for some goods and services should be abolished but due to the high energy prices there should be some kind of financial support for households and businesses.
A working group comprising representatives of employers, trade unions and government experts is discussing the proposals of the Ministry of Labor and Social Policy for introducing a new mechanism to determine the minimum wage. This is happening a day..
“The main priorities businesses have – membership of the Eurozone and accession to the Schengen area by land – have receded to the background. They are the motors which can boost the economy, but the fact there is no regular government is an obstacle..
Bulgargaz has reported record interest in its tender for the supply of LNG to the Alexandroupolis terminal for January and February 2025. All nineteen bidders met the criteria set by the company and have been approved to participate in the next..
Butter and vegetable oil are the products that have increased in price the most over the year. The retail price of vegetable oil will range between 3..
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