Qatar is ready to invest in financial instruments issued by the Bulgarian Development Bank and the Bulgarian Deposit Insurance Fund (BDIF), thereby supporting the financing of the national program for the renovation of multi-family buildings and capitalizing the BDIF according to Bulgaria’s Finance Ministry.

Bulgarian Finance Minister and his Qatari counterpart Ali Sherif al-Emadi met Monday morning at the Finance Ministry HQ in Doha.

The two finance ministers discussed opportunities for deepening bilateral cooperation.

“Bulgaria can offer Qatar favorable conditions for investment in financial instruments, especially financial instruments issued by the Bulgarian Development Bank and the Bulgarian Development Bank and the Bulgarian Deposit Insurance Fund. Bulgaria is both politically and economically stable and this was evaluated positively by the financial markets in our latest issue,” Goranov emphasized, as cited by the press office of Bulgaria’s Finance Ministry.

Ali Sherif al-Emadi expressed interest in investment in Bulgaria’s financial system, as well as in energy, agriculture, and infrastructure.

In his capacity of President of the Executive Board of Qatar Airways, Ali Sherif al-Emadi brought up the question of the expansion of the activity of Qatar’s state-owned flag carrier in Bulgaria.

He also expressed his satisfaction with the experience gathered so far by Qatar Airways in Bulgaria.

The two finance ministers also exchanged views on the possibility of creating export schemes for agricultural production from Bulgaria to Qatar.