wiiw Forecast Reports
BULGARIA: On track for moderate growth
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in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, March 2017 , pp. 55-59
BULGARIA
Bulgaria has a new president and is expecting a new government after the early elections in March 2017. The economy is in relatively good shape, with GDP increasing by 3.4% in 2016. Growth was balanced, driven by both private consumption and exports; however, fixed investment became a drag on growth, due to delays in public investment programmes. There are no visible external or domestic imbalances, and the economy seems set to remain on the path of moderate growth in the foreseeable future.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Bulgaria