The International Monetary Fund expects Bulgaria’s GDP growth to slow to 1.7% in 2023 from 3.4% last year, before accelerating to 3.2% in 2024. The fund’s autumn forecast was better than the spring report, according to which Bulgaria’s GDP was expected to grow this year by 1.4%. In spring, however, the IMF expected the Bulgarian…
The International Monetary Fund (IMF) has cut Poland’s GDP growth forecast for 2023 to 0.6% from the 1.2% estimated earlier, it has said in its latest edition of the World Economic Outlook. But it also revised up its forecast for 2024 to 2.3% from the 2.2% predicted in an earlier report. At the same time,…
In September, the Ukrainian Finance Ministry raised about UAH 23 billion in the state budget from the placement of war bonds. The relevant statement was made by the Ukrainian Finance Ministry on Facebook. Meanwhile, about UAH 185 billion worth of war bonds were issued in January-September. At the end of September, Ukrainian citizens owned about…
The Organization for Economic Cooperation and Development (OECD) has praised Ukraine’s achievements in anti-corruption policy in five areas, Ukraine’s National Agency on Corruption Prevention (NACP) reports. According to the report, a Ukrainian delegation led by NACP Deputy Head Iaroslav Liubchenko took part in the presentation of the report within the 5th round of monitoring of…
On October 2-8, the Customs Service collected over 667.9 million lei (about 33.3 million euros) to the state budget. Private people brought goods with the customs value exceeding the non-taxable limit, and payments totaling over 27.8 million lei were collected, which represented 4.2% of the total amount. The money collected from taxpayers is paid directly…
In January-September, twenty-seven investment projects were implemented in the Vinnytsia region, totaling about UAH 1.2 billion. The relevant statement was made by Vinnytsia Regional Military Administration Head Serhii Borzov. “Over nine months of 2023, a total of 27 investment projects worth about UAH 1.2 billion have been implemented in the region. About 970 new jobs…
After a strong growth in 2022, the Bulgarian economy will slow down, following trends in the European Union, according to a World Bank report. The World Bank reports that inflation in Bulgaria remains high, which threatens plans to adopt the euro in 2025. The fiscal deficit is expected to remain below the Maastricht ceiling of…