ECONOMIST: INFLATION IN BULGARIA DOWN

Business | May 30, 2001, Wednesday // 00:00

Inflation in Bulgaria will be down by two-fold in 2001, analyses department of Economist weekly said. Projected inflation is 8 percent while Economist puts it at 4.4 percent. Unemployment will also be down, Economist experts said. According to them unemployment rate will be 15 percent from the current 17 percent. Bulgaria`s foreign debt will increase by USD 400 million. Due to the crisis in Macedonia direct foreign investments will be down by USD 100 million. Some USD 1 billion in investment were the previous projections of the experts.

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