The International Monetary Fund projects inflation in Bulgaria to average 12.2% in 2022, reaching 11.6% at the end of the year.
This is stated in the final opinion of the Executive Board of the Fund, based on the data of the mission in Bulgaria.
The IMF's representatives were in the country in early April, but the approved opinion is based on developments.
The projected economic growth is 2.8%.
The IMF's opinion states that the reduction in the VAT rate should be discontinues, but because of the high energy prices there should be support for households and businesses.
The full text of the report is available here.
Source: BNR
Rising Prices: 1.5 Million Bulgarians Earn Less Than the Minimum Needed to Cover Basic Living Costs
Livestock Farmers Block Pleven–Sofia Road near Village of Yasen, Demanding Fair Distribution of Drought Relief Funds
Minister of Agriculture: Bill to Regulate Large Retail Chains to Be Submitted to Parliament by the End of the Year
Monthly Cost of Living for a Family of Three Reachess €1,516, Trade Unions Say
Магистрала "Тракия" остава затворена в двете посоки в района на Ямбол, видимостта е намалена
Създаден е извънреден щаб заради тежката верижна катастрофа край Зимница
Премиерът Радев във Варна: Атаките са абсолютно недопустими, моряците не са страна във въоръжен конфликт