IMF Says Bulgaria to Post 0.5% Economic Growth in 2013, 1.6% in 2014
Wednesday, 09 October 2013
The International Monetary Fund (IMF) projected that Bulgaria’s gross domestic product (GDP) will expand by 0.5% in 2013 and by 1.6% next year.
The fund’s projection for 2018 is for 3.0% growth of Bulgaria’s economy.
Bulgaria’s consumer price inflation will slow down to 1.4% this year, before it edges up to 1.5% in 2014, the IMF said in the October edition of its semiannual World Economic Outlook.
According to the IMF, the country will report a current account surplus of 1.2% of GDP in 2013, which will shrink to 0.3% of GDP next year.