IMF Concludes Regular Mission in Bulgaria, Recommends Restoring VAT to Pre-Pandemic Levels
The International Monetary Fund (IMF) has wrapped up its regular mission in Bulgaria
HOT: » Assessing the Legacy of Bulgaria's "Denkov" Cabinet: Achievements, Failures, and What Comes Next
Monetary deposits of households in Bulgaria have increased by 7% year-on-year, reaching BGN 43.70 B as of end-July 2016.
The figure is equivalent to 49.1% of 2016 GDP forecast by Bulgaria’s central bank (BNB) said in its latest monetary statistical report released on Tuesday.
The year-on-year increase in the volume of household deposits recorded at the end of July is almost identical to a 6.8% annual growth registered at end- June 2016.
Loans to Bulgarian households totalled BGN 18.23B at the end of July 2016, equivalent to 20.5% of 2016 GDP projected by the BNB. The loan volume was 0.4% lower compared to the same month of 2015. The rate of decrease has slowed down compared to the 0.7% annual decline recorded for June 2016.
Loans for house purchases totalled BGN 8.73 B at the end of July 2016, increasing by 0.6% year-on-year. By comparison, loans for house purchases showed 0.2% annual growth in June 2016.
Consumer loans amounted to BGN 7.28 B as of end-July, decreasing by 1.1% compared to the same month in 2015. The decline followed an annual drop of 1.3% for June 2016.
We need your support so Novinite.com can keep delivering news and information about Bulgaria! Thank you!
Bulgaria is on track to meet the inflation benchmark required for Eurozone membership by September
Bulgaria emerges as a surprising leader in the realm of gold ownership, securing its position among the top three countries in Europe per capita
Consumers may have noticed a slight uptick in fuel prices over the past month, with gasoline and diesel seeing modest increases in Bulgaria
Bitcoin, the leading cryptocurrency, has surged to a new record high, surpassing $70,000 for the first time and reaching a peak of around $71,300,
The National Statistical Institute (NSI) has released preliminary data revealing that Bulgaria's gross domestic product (GDP) experienced a modest growth of 1.8% in real terms in 2023
According to data from the Institute for Social and Trade Union Research at the National Council of National Statistics, women in Bulgaria receive wages that are on average 12.6 % lower than men, but in several economic sectors, the differences are signif
Norwegian Inspiration: Bulgaria's Move Towards Environmentally Friendly Prisons
Nexo Is Suing Bulgaria For Over $3 Billion