Bulgaria: IMF Puts Pressure on Government

Politics ♦ Published: February 3, 2014; 17:49 ♦ (Vindobona)

The International Monetary Fund demands Bulgaria´s government to accelerate economic reforms.

Bulgaria: IMF Puts Pressure on Government / Picture: © Vindobona.org

In its annual economic review, the IMF stressed that Bulgaria has to address its economic difficulties like unemployment, poverty and low economic growth. In 2013, Bulgaria´s GDP was up by 0.5%. This year, the Bulgarian economy is expected to grow by 1.6%, according to the IMF.

Above all, the IMF has called the Bulgarian government to accelerate the convergence with the European…