According to data of the Bulgarian National Bank, foreign direct investments in the country exceeded EUR 3.5 billion in 2023, Minister of Innovation and Growth Milena Stoycheva said today in Varna, quoted by BTA. The Ministry of Innovation and Growth issued investment project certificates worth more than EUR 300 million, which are expected to create more than 2,300 jobs.
Investors are interested in various areas, including electromobility, electrical components, software, biotechnology, bioeconomy, microelectronics, mechatronics. According to Minister Styocheva, investors from all over Europe, Asia, Turkiye and the USA are interested in Bulgaria.
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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