Tag:imf
Asia
Pakistan struggles to obtain necessary medications due to current economic problems
Due to Pakistan's ongoing economic crisis, patients have been struggling to obtain the necessary medications. Pakistan's capacity to buy the required medications or the Pharmaceuticals Ingredients (API) utilised in local production has been affected by the shortage of foreign exchange reserves in the nation
Asia
Pakistani government maintains calmness despite the IMF loan deadlock
According to Dawn, the Pakistani government is maintaining a brave face despite the stalemate over obtaining IMF assistance required to stop a possible national collapse
Bulgaria
EU predicts GDP growth of 2.1% for Bulgaria in 2022
The Commission, on Monday, in its Spring 2022 Economic Forecast, stated that amid the Russian military invasion, there had been a significant hike in the energy commodity prices the businesses will curtail wage growth and investments.
Bulgaria
Economic growth of 4.5% for Bulgaria in 2023: IMF
Meanwhile, for the forthcoming year (2023), economic growth of 4.5% is expected by IMF for the European nation, as per the information shared in the April 2022 edition of its World Economic Outlook (WEO) report.
Bulgaria
IMF predicts GDP growth of 3% for Bulgaria, double inflation
International Monetary Fund (IMF) predicted that the gross domestic product (GDP) of Bulgaria would witness a soar of 3% this fiscal year, doubling the inflation numbers.
Latest news
Controversial Wind Farm Project in Varna Region Sparks Environmental Outcry
The development, which aims to construct 29 wind turbines in the Avren municipality, threatens to disrupt both the local environment and the health of nearby residents, according to local citizens and environmental advocates
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Vezenkov Shines as Olympiacos Stuns Real Madrid in Euroleague Playoff Opener
The 2023 Euroleague MVP was in dominant form, finishing the game with 23 points, 7 rebounds, and 3 steals in just 27 minutes on the floor. Vezenkov’s offensive efficiency was remarkable, going 5-for-7 from mid-range, 3-for-4 from beyond the arc, and converting 4 of 6 free throws
France 24 Investigation Traces Bulgarian Mortar Shells to Sudanese Militias in Defiance of EU Arms Embargo
Mike Lewis, an expert in conflict weapons, confirmed that the mortar shells shown are consistent with those used frequently in Sudan’s internal conflicts. The shells are marked "81 mm Mortar HE," signifying high-explosive capabilities
Must read
Flu Season in Bulgaria Yet to Peak: Rising Cases and Health Warnings
Although some regions, like Blagoevgrad, have already seen a significant rise in flu cases, areas such as Sofia and Burgas have not experienced a major surge. However, hospitals in Sofia are beginning to fill up with flu patients, and the situation remains closely monitored
Bulgarian Sailors Reunite with Families After 14 Months in Houthi Captivity
The two sailors were accompanied by a Romanian crew member, who was welcomed by Romania’s ambassador. The release of the sailors followed a complex diplomatic operation spearheaded by Oman, a key mediator in regional conflicts