Finance Ministry's Survey among Financial Intermediaries Shows Economic Stabilization

Finance Ministry's Survey among Financial Intermediaries Shows Economic Stabilization

According to a survey among financial intermediaries, the economic situation in Bulgaria improved in January-March 2016, reads the latest issue of the "Financial Sector: Estimates and Expectations" publication of the Finance Ministry.
The publication gives account of the expectations of a large number of financial intermediaries as to the key macroeconomic indicators and factors that are decisive to their operation, such as economic growth, inflation, base interest rate, the Bulgarian lev's exchange rate to the US dollar, and deposit and loan interest rates.
The financial intermediaries' estimate is identical to the improved expectations of the European Commission and the International Monetary Fund for Bulgaria's economic growth in 2016, and corresponds to the positive trends on the labour market and the expectations for an accelerated rate of increase in employment, the Finance Ministry said.

BTA

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