The IMF lowered its growth expectations in Bulgaria in 2013 to 1.2%
17.04.2013
in Other
The International Monetary Fund (IMF) lowered its expectations for Bulgaria’s economic growth this year. According to the latest forecast of the Fund’s gross domestic product (GDP) of the country will grow by 1.2%, not 1.5%, as believed institution after the completion of its regular autumn mission here. The IMF’s new assessment is now closer to the expectations of the finance ministry, which recently lowered its growth forecast to 1%, but was more pessimistic than the European Commission (EC), the World Bank (WB), the European Bank for Reconstruction and Development (EBRD), as well as the amount budgeted for this year.
