World Economy

Bulgaria to See 4% Growth

Bulgaria to See 4% GrowthBulgaria to See 4% Growth

Bulgaria’s economy will grow 4% in 2017, the autumn macroeconomic forecast of the Bulgarian Ministry of Finance shows, reported. The finance ministry expects the country’s economy to register 3.9% annual increase in the next three years. Inflation will increase gradually, mainly under the pressure of oil prices and domestic consumption. Bulgaria’s unemployment level will also mark a slight increase, the ministry forecasts. According to the ministry, the growth of world economy will increase from 3.2% in 2016 to 3.5% in 2017, supported by increased economic activity in both developed and developing countries.


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