Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

IMF recommends that Bulgaria adopt flexible policies because of the Covid-19 shock

Photo: EPA/BGNES

In 2020, the Bulgarian economy contracted by 4.6%. In 2021, it is set to rebound and grow by up to 3.6%, reads the conclusion of experts from the International Monetary Fund made within the traditional consultations. 

IMF recommends that Bulgaria adopt flexible policies to mitigate the shock of the coronavirus pandemic, which led to an increase of this country’s budget deficit. Meanwhile, Bulgaria should monitor the situation regarding non-performing loans. IMF calls on Bulgaria to continue the fight against corruption and improve the business environment.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Slowdown in the global economy will reduce the growth of Bulgarian GDP

The World Bank has lowered its forecasts for the economic growth of the global economy and Bulgaria for this and next year. The assessment is part of the regular analysis of the international financial institution, published every 6..

published on 6/11/25 11:07 AM

Ministry of Foreign Affairs recommends Bulgarians in Los Angeles to observe curfew

An emergency curfew has been imposed in the central part of Los Angeles, California, USA, the Situation Center of the Ministry of Foreign Affairs warned. The measure is due to the protest actions on the evening of June 10, 2025...

published on 6/11/25 10:48 AM

Bulgarian President supports US efforts for negotiations between Russia and Ukraine

China is the big winner from the EU sanctions policy against Russia, Bulgarian President Rumen Radev told CNN. Regarding the war in Ukraine, Radev thinks that the moment is approaching when “Ukraine may be left without enough people..

published on 6/11/25 10:00 AM