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IMF approves Bulgaria's higher spending due to pandemic

The International Monetary Fund has approved higher spending by the Bulgarian government in response to the Covid-19 crisis , BNR reports. At the end of its regular mission, the IMF experts also noted that the transparency of extraordinary expenses..

10.11.20 19:28 |

IMF head: Bulgaria is not threatened by debt crisis

Bulgaria is not at risk of a debt crisis as a result of its consistent, conservative policy, said Kristalina Georgieva, managing director of the International Monetary Fund , in response to a question from Bloomberg TV Bulgaria during a press conference..

19.10.20 18:01 |
Boyan Durankev

Professor Durankev expects difficult winter for Bulgaria

Bulgaria’s gross domestic product is to decrease by 4% in 2020 and then regain ground with 4.1% growth in 2021, the International Monetary Fund forecasts in its latest World Economic Outlook report. There is a 60% probability that the decline in..

14.10.20 16:26 |

Kristalina Georgieva: World economy is in better condition than expected

The current condition of the global economy is not as bad as projections showed several months ago, but the Covid-19 crisis has not been overcome yet, Managing Director of the International Monetary Fund Kristalina Georgieva said in an..

02.10.20 13:17 |
Kristalina Georgieva

Kristalina Georgieva: IMF's assessment of Bulgaria is the best possible

In the conditions of the ongoing Covid-19 crisis, the economic measures must continue, Kristalina Georgieva, executive director of the IMF, told the Bulgarian National Television. It is very important that those who make decisions about measures to..

25.09.20 19:36 |

IMF forecasts Bulgaria's GDP growth to shrink by 4% for 2020

After a registered growth of 3.4% in 2019, Bulgaria's gross domestic product will shrink by 4.0% in 2020 before it rises by 6% in 2021. These are projected figures by the International Monetary Fund presenting the organization's spring forecasts for..

14.04.20 17:50 |

Minister Goranov: It is too early for Bulgaria to seek money from IMF

A parliamentary committee has approved the changes to the state budget law. The external debt limit has been raised from EUR 8 billion to EUR 10 billion. Unemployment fund rises by more than EUR 700 million. Bulgarian Development Bank's capital..

05.04.20 13:37 |

IMF head Kristalina Georgieva: 81 countries have requested assistance over COVID-19

The global economy may be in store for a more severe recession than in 2009, the   managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated.  According to forecasts of the IMF,  recovery of the world economy is..

28.03.20 10:23 |

IMF raises its forecast for Bulgaria

The International Monetary Fund (IMF) has raised its forecast for the growth of the Bulgarian economy this year to 3.7% in comparison to forecasts of 3.3% growth in April. This is stated in World Economic Outlook of the organization, published today...

15.10.19 17:53 |
Kristalina Georgieva

Bulgarian Kristalina Georgieva named new IMF chief

The Executive Board of the International Monetary Fund has selected Bulgarian Kristalina Georgieva as Managing Director of the IMF. The mandate is the 12th since the founding of the financial institution back in 1944 and starts officially on..

26.09.19 10:14 |
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