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Photo: Stella Ivanova
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria, led by Jean-Francois Dauphin, following consultations with Bulgarian authorities on macroeconomic indicators and financial policies.
Throughout the mission, IMF experts engaged in discussions with government representatives and officials from the Bulgarian National Bank to assess the country's economic landscape and policy implementation.
Among the recommendations made to Bulgaria was the restoration of Value-Added Tax (VAT) rates across all sectors to pre-pandemic levels. However, the Bulgarian finance minister refuted claims of potential tax increases, signaling a divergence in policy approaches.
The outcomes of the IMF's review of Bulgaria's economy are anticipated to be unveiled today, shedding light on the country's economic performance and potential areas for improvement.
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Recent developments in North Macedonia suggest a further decline in relations with Bulgaria, with the presidential elections serving as a litmus test for the sentiment towards Bulgaria within the country.
As Bulgaria enters Holy Saturday, a day steeped in age-old customs and spiritual significance, families across the nation prepare for a solemn yet celebratory culmination of Holy Week
Today marks Good Friday in Bulgaria, a day of solemn reflection and reverence as Christians commemorate the crucifixion and burial of Jesus Christ
Maundy Thursday, observed on April 13 this year, marks a significant moment in Holy Week for Bulgarians, rich in traditions and spiritual meaning. It is the day before the Resurrection feast, where ancient customs intertwine with religious rituals
Easter approaches, anticipation builds for one of the most cherished Christian holidays celebrated in Bulgaria
As Bulgaria transitions into May, meteorologists predict a rollercoaster of temperatures, ranging from autumnal lows to summery highs across the country.
As the clock ticks down to midnight tonight, Bulgarians are reminded that April 30th marks the final day for filing their 2023 personal income tax returns
Bulgaria's National Bank has disclosed the country's external debt figures, revealing a notable increase in gross foreign debt at the end of February 2024
Fitch Ratings, a leading credit rating agency, has affirmed Bulgaria's Long-Term Foreign-Currency Issuer Default Rating at 'BBB' with a Positive Outlook
The National Statistical Institute reports that in 2023, the poverty line for the entire country stood at 637.92 BGN per person per month within households
Bulgaria's long-anticipated entry into the Eurozone may face a delay, as the country is unlikely to meet the inflation criterion required for the introduction of the euro on January 1, 2025
The price of retail lamb in Bulgaria has surged by 8.4% on an annual basis, according to statistics released by the Ministry of Agriculture and Food, with data sourced from SAPI indicating an average price of BGN 25.27 per kilogram as of April 10
UN Happiness Report: Bulgaria's Astonishing Leap in Rankings
Bulgaria: 3 Regions With Lowest Life Expectancy - EU Report 2022
