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The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. File photo
Bulgaria has received from the International Monetary Fund (IMF) 474 586 534 Special Drawing Rights (SDRs), equivalent to about EUR 517 M.
In this way the international currency reserve of the Bulgarian National Bank (BNB) is increasing, the BNB press office explained.
Leaders of the G-20 countries took a decision on April 2 to allocate USD 250 B Special Drawing Rights between IMF member states as part of the measures on overcoming consequences of the global financial and economic crisis. This gave right to each of the countries to receive up to 75% of the SDRs from their quota in the IMF.
The SDR is an international reserve asset, created by the IMF in 1969 to supplement its member countries' official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies.
With a general SDR allocation taking effect on August 28 and a special allocation on September 9, 2009, the amount of SDRs will increase from SDR 21.4 billion to SDR 204.1 billion (currently equivalent to about USD 317 B)
The Bulgarian National Bank (BNB) has decided to increase the countercyclical capital buffer to 2.25%, in a move aimed at easing pressure on the rapidly growing housing credit market and strengthening the resilience of the banking system.
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
The Bulgarian National Bank reported that by March 27, 2026, the transition from the lev to the euro is progressing in line with the established legal framework and previously approved operational plans.
The Bulgarian National Bank (BNB) has warned that inflation in Bulgaria is projected to rise to 3.7% in 2026, with geopolitical tensions in the Middle East identified as a key external risk factor
The case surrounding acting Prime Minister Andrey Gyurov and his removal from the Bulgarian National Bank has returned to the spotlight, though much of the public interpretation appears to go beyond what has actually been established
Bulgarian National Bank Governor Dimitar Radev took part in a meeting of EU Heads of Mission held under the European Presidency of the Republic of Cyprus
The Ministry of Finance has released a broad public dataset covering more than 7,000 public procurement contracts with a combined value exceeding 30 billion euros
Caretaker Finance Minister Georgi Klisurski said he expects fuel prices at gas stations to ease in the coming period, pointing to a sharp decline in international oil markets
Bulgaria’s new government borrowing for 2026 has surpassed the 1 billion euro mark following the latest successful auction of state securities, according to data cited from the Bulgarian National Bank
Bulgaria recorded only a modest and one-off increase in inflation following the adoption of the euro on January 1, with the effect estimated at between 0.3 and 0.4 percentage points
Data released by the Ministry of Finance, covering budget execution for February 2026 and preliminary estimates for March 2026, indicate a marked deterioration in Bulgaria’s fiscal position
In the 2026 edition of the Index of Economic Freedom, compiled by the Heritage Foundation, Bulgaria is placed 38th out of 176 countries, positioned between Costa Rica and Oman
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