Text size

Bulgarian President reports real growth in industrial production

published on 2/7/23 10:49 AM

President Rumen Radev

Photo: president.bg

Bulgaria has become a factor in the Balkans and Europe through partnerships that strengthen economic and energy security. They are in the interest of our neighboring countries, partners and allies in the EU and NATO, said Bulgarian President Rumen Radev at forum "The World Ahead 2023" held in Sofia.

At the forum organized by "The Economist" magazine, the Bulgarian head of state stressed that, despite the crisis, the data from 2022 show an upswing in the Bulgarian economy, especially in exports. He pointed out that the industrial structure is also changing from the export of raw materials to the export of products with high added value.

"Bulgaria is seeing a real growth in industrial production," the president said.

As a medium-term challenge for the Bulgarian economy, Radev highlighted the curbing of inflation, which leads to deepening social stratification.

Последвайте ни и в Google News Showcase, за да научите най-важното от деня!

Radio Bulgaria Economy added value economy exports industrial production inflation Rumen Radev The Economist The World Ahead 2023

More from category

Businesses expect the authorities to streamline the process of importing of foreign workers

The demographic crisis in this country is advancing at a rapid rate, holding back the development of businesses, but this is a tendency observed in other countries as well. Because of their good qualifications, Bulgarian workers find work in many..

updated on 6/14/24 12:03 PM

The World Bank lowers Bulgaria's GDP growth forecast by 0.3%

The World Bank predicts a more moderate improvement in Bulgaria's economic growth in 2024 and 2025. In its latest report "Global Economic Prospects" the institution expects a slight acceleration in Bulgaria's GDP growth from 1.8% in 2023 to 2.1% in..

published on 6/12/24 10:48 AM

Dimitar Glavchev (L) and Jeyhun Bayramov (R)

Bulgaria is interested in joining as a co-shareholder in a green energy corridor from Azerbaijan to Europe

Bulgaria is interested in participating as a co-shareholder in the initiative to create a "green" corridor for the transmission of "green" energy produced in Azerbaijan to Europe, caretaker Premier Dimitar Glavchev said at a meeting in Berlin with the..

published on 6/11/24 5:26 PM

WEATHER

Pick city: Sofía

Clear
Min: 15 | Max: 32

BULGARIA IN PICTURES

Which world-famous Bulgarian artist designed QSL cards for Radio Bulgaria?

IT sector attracts thousands but the market cherry picks the most motivated and experienced specialists

IT is one of the leading sectors in terms of salary increases and interest by job seekers in Bulgaria. Before the pandemic all kinds of experts were..

published on 7/5/24 1:44 PM

Share